§ 1. Creation, amendment, renewal, or revival by general law; exceptions; revocation or forfeitures of charters; requisites for enactment of corporation laws.
No corporation shall hereafter be created, amended, renewed, or revived by special act, but only by or under general law, nor shall any existing corporate charter be amended, renewed, or revived by special act, but only by or under general law; but the foregoing provisions shall not apply to municipal corporations, banks, or corporations for charitable, penal, reformatory, or educational purposes, sustained in whole or in part by this State. The General Assembly shall, by general law, provide for the revocation or forfeiture of the charters of all corporations for the abuse, misuse, or nonuse of their corporate powers, privileges, or franchises. Any proceeding for such revocation or forfeiture, shall be taken by the Attorney General, as may be provided by law. No general incorporation law, nor any special act of incorporation, shall be enacted without the concurrence of two-thirds of all the members elected to each House of the General Assembly.
84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;§ 2. Acceptance of Constitution by existing corporations as prerequisite for amendment or renewal of charter.
No corporation in existence on June 10, 1897, shall have corporation’s charter amended or renewed without first filing, under the corporate seal of the corporation, and duly attested, in the office of the Secretary of State, an acceptance of the provisions of this Constitution.
84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;[Repealed 74 Del. Laws, c. 281, June 30, 2004.]
22 Del. Laws, c. 1 and 22 Del. Laws, c. 254; 73 Del. Laws, c. 101 and 74 Del. Laws, c. 281; 84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;§ 4. Rights, privileges, immunities, and estates.
The rights, privileges, immunities, and estates of religious societies and corporate bodies, except as herein otherwise provided, shall remain as if the Constitution of this State had not been altered.
84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;§ 5. Designation, by foreign corporation, of agent for service of process.
No foreign corporation shall do any business in this State through or by branch offices, agents, or representatives located in this State, without having an authorized agent or agents in this State upon whom legal process may be served.
84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;§ 6. Taxation of stock owned by persons or corporations without this State.
Shares of the capital stock of corporations created under the laws of this State, when owned by persons or corporations without this State, shall not be subject to taxation by any law now existing or hereafter to be made.
22 Del. Laws, c. 1 and 22 Del. Laws, c. 254; 84 Del. Laws, c. 281 and 85 Del. Laws, c. 5;