SENATE BILL NO. 325
AN ACT TO AMEND CHAPTER 1, TITLE 8, SECTION 151, DELAWARE CODE, RELATING TO CLASSES AND SERIES OF STOCK OF DELAWARE CORPORATIONS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-Thirds of all members elected to each house of the General Assembly concurring therein):
Section 1. Amend Chapter 1, Title 8, Section 151(a), Delaware Code, by adding a new sentence immediately prior to the final sentence of subparagraph (a) reading as follows:
The term 'facts,' as used in this subsection, includes, but is not limited to, the occurrence of any event, including a determination or action by any person or body, including the corporation."
Section 2. This Act shall become effective July 1, 1994.
Approved June 27, 1994.