Delaware Corporation Law

Delaware Corporation Law is the legal framework governing how companies are formed, operated, and dissolved within the state of Delaware. It provides rules for establishing corporations, defining the rights and responsibilities of shareholders and directors, and outlining procedures for decision-making and dispute resolution. Known for its well-developed, business-friendly legal system, Delaware law offers predictability and flexibility, making it a popular jurisdiction for corporations, especially larger ones or those seeking clear governance standards and legal protections.