Powers. — Delaware Code § 302
Delaware Code § 302 — Powers.. Reproduced from the official Delaware Code, with a citation summary, verification link, and related provisions.
§ 302. Powers.
The managers elected shall, upon the recording of the certificate, become a body corporate by the name adopted and certified. The corporation shall have succession for 20 years, may sue and be sued and may purchase, receive, hold and enjoy property, real and personal, for the use and objects of the association and may ordain bylaws for the regulation of its affairs not inconsistent with the laws of this State or of the United States. Such corporation shall hold no real estate except such as is actually occupied and used for the purposes specified in the certificate of incorporation.
13 Del. Laws, c. 419, § 2; Code 1915, § 2187; Code 1935, § 2494; 27 Del. C. 1953, § 302;Source: official Delaware text · Last verified 2026-08-27
At a glance
- Citation: Delaware Code § 302
- Jurisdiction: Delaware
- Code: Delaware Code
- Subject: Powers.
- Text: transcribed from the official source (verify below)
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Common questions
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What subject does Delaware Code § 302 address?
It addresses "Powers.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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