Delaware Code Title 5 Sec. 704 – Reserved power of State to amend or repeal this chapter
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This chapter may be amended or repealed, at the pleasure of the General Assembly, but such amendment or repeal shall not take away or repeal any remedy against any corporation established under this chapter, or its officers, for any liability which shall have been previously incurred.
38 Del. Laws, c. 94, § ?35; Code 1935, § ?2404; 5 Del. C. 1953, § ?704;
Terms Used In Delaware Code Title 5 Sec. 704
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.