Below is information about DELAWARE CORPORATE LAW REQUIRED OFFICERS from a variety of sources. Please take a look at the materials that our team has selected for you.
https://www.delawareinc.com/blog/what-is-the-role-of-officers-in-a-delaware-corporation/#:~:text=Keep%20in%20mind%20there%20are%20no%20stated%20required,least%20a%20president%20as%20well%20as%20a%20secretary.
https://techstartuplawyer.com/incorporation/what-officers-are-required-in-a-delaware-corporation/
Any number of offices may be held by the same person unless the certificate of incorporation or bylaws otherwise provide.” [Section 142 (a) of the Delaware General Corporation Law] What this means is that you should have at least a President and Secretary. However, all of our startups start with a President, Secretary and Chief Financial Officer.
https://www.delawarellcblog.com/2019/07/what-is-the-role-of-the-officers-of-a-delaware-corporation-and-must-i-have-officers-for-my-corporation/
The Delaware Corporate Agents, Inc., standard form of bylaws defines each officer’s duties but permits all of the duties to be performed by a single person. The principal officers of the Corporation shall be chosen by the Directors and shall be a President, a Vice President, a Secretary and a Treasurer.
https://www.delawareinc.com/blog/what-is-the-role-of-officers-in-a-delaware-corporation/
Keep in mind there are no stated required officer positions that a Delaware corporation must have, as opposed to other states. One person can comprise an entire Delaware corporation. Most Delaware companies have at least a president as well as a secretary.
https://delcode.delaware.gov/title8/c001/sc04/
(a) A corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that the person is or was a director, officer, employee or …
https://corp.delaware.gov/DElaw/
The Sections of the Delaware Code that pertain to the Division of Corporations are: Title 8 – Corporations. Chapter 1 – General Corporation Law. Chapter 5 – Corporation Franchise Tax. Chapter 6 – Professional Service Corporations. Title 5 – Banking. Chapter 7 – Corporation Law for State Banks and Trust Companies. Title 6 ...
https://codes.findlaw.com/de/title-8-corporations/de-code-sect-8-142.html
(a) Every corporation organized under this chapter shall have such officers with such titles and duties as shall be stated in the bylaws or in a resolution of the board of directors which is not inconsistent with the bylaws and as may be necessary to enable it to sign instruments and stock certificates which comply with §§ 103(a)(2) and 158 of this title. One of …
https://delcode.delaware.gov/title8/c001/sc02/index.html
(a) In addition to the powers enumerated in § 122 of this title, every corporation, its officers, directors and stockholders shall possess and may exercise all the powers and privileges granted by this chapter or by any other law or by its certificate of incorporation, together with any powers incidental thereto, so far as such powers and privileges are necessary or convenient to the …
https://delcode.delaware.gov/title8/c001/sc01/
(d) Except for provisions included pursuant to paragraphs (a)(1), (a)(2), (a)(5), (a)(6), (b)(2), (b)(5), (b)(7) of this section, and provisions included pursuant to paragraph (a)(4) of this section specifying the classes, number of shares, and par value of shares a corporation other than a nonstock corporation is authorized to issue, any provision of the certificate of incorporation …
https://law.justia.com/codes/delaware/2017/title-8/chapter-1/subchapter-iv/section-141/
2017 Delaware Code. Title 8 - Corporations. CHAPTER 1. GENERAL CORPORATION LAW. Subchapter IV Directors and Officers. § 141. Board of directors; powers; number, qualifications, terms and quorum; committees; classes of directors; nonstock corporations; reliance upon books; action without meeting; removal. Universal Citation: 8 DE Code § 141 (2017) (a) The business …
https://delcode.delaware.gov/title8/c001/sc07/
Subchapter VII. Meetings, Elections, Voting and Notice. § 211. Meetings of stockholders. (a) (1) Meetings of stockholders may be held at such place, either within or without this State as may be designated by or in the manner provided in the certificate of incorporation or bylaws, or if not so designated, as determined by the board of directors.
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