Delaware Code Title 4 Sec. 911 – Penalty for partnerships and associations
Current as of: 2023 | Check for updates
|
Other versions
Wherever the penalty for an offense committed consists of imprisonment in whole or in part and the accused is a corporation, partnership or other association of persons, the penalty shall be a fine of $2,000 in addition to the costs.
38 Del. Laws, c. 18, § ?47; Code 1935, § ?6175; 4 Del. C. 1953, § ?911;
Terms Used In Delaware Code Title 4 Sec. 911
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.