Delaware § 102 - Corporate powers.
Full text of Delaware Delaware Code § 102 — Corporate powers., with citation guidance and answers to common questions.
§ 102. Corporate powers.
The trustees elected and their successors shall be a corporation by the name adopted and certified. The corporation shall have perpetual succession with all the incidents and franchises of a corporation aggregate and may purchase, receive, hold, mortgage and enjoy property, real and personal, for the use of the society or congregation, their ministers or members or for schools, almshouses or burying grounds. The act of a majority of the trustees shall be valid.
26 Del. Laws, c. 89, § 4; Code 1915, § 2167; Code 1935, § 2474; 27 Del. C. 1953, § 102;Frequently Asked Questions About Delaware § 102
What does Delaware Code § 102 cover?
Section 102 ("Corporate powers.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 102?
A common citation format is "Delaware Code § 102" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.