Delaware § 615 - Conversion into business corporation.
Full text of Delaware Delaware Code § 615 — Conversion into business corporation., with citation guidance and answers to common questions.
§ 615. Conversion into business corporation.
Whenever all shareholders of a professional corporation cease at any time, and for any reason, to be licensed, certified or registered in the particular professional service or at least 1 of the qualified related professional services for which such professional corporation was organized, the professional corporation shall thereupon be treated as converted into and shall operate henceforth solely as a business corporation under applicable provisions of Chapter 1 of this title, exclusive of this chapter.
8 Del. C. 1953, § 615; 57 Del. Laws, c. 127; 80 Del. Laws, c. 184, § 1;Frequently Asked Questions About Delaware § 615
What does Delaware Code § 615 cover?
Section 615 ("Conversion into business corporation.") 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 § 615?
A common citation format is "Delaware Code § 615" (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 § 615 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.