Delaware Code (Titles 8, 9, 25, 30)
8 Del. C. § 214
Cumulative voting
The certificate of incorporation of any corporation may provide that at all elections of directors of the corporation, or at elections held under specified circumstances, each holder of stock or of any class or classes or of a series or series thereof shall be entitled to as many votes as shall equal the number of votes which (except for such provision as to cumulative voting) such holder would be entitled to cast for the election of directors with respect to such holder’s shares of stock multiplied by the number of directors to be elected by such holder, and that such holder may cast all of such votes for a single director or may distribute them among the number to be voted for, or for any 2 or more of them as such holder may see fit.
Amendment history
56 Del. Laws, c. 50; 57 Del. Laws, c. 148, § 37; 57 Del. Laws, c. 421, § 5; 71 Del. Laws, c. 339, § 32
Source: view the official text
In this title (40 sections)
- 8-163 · Payment for stock not paid in full
- 8-164 · Failure to pay for stock; remedies
- 8-165 · Revocability of preincorporation subscriptions
- 8-166 · Formalities required of stock subscriptions
- 8-167 · Lost, stolen or destroyed stock certificates; issuance of new…
- 8-168 · Judicial proceedings to compel issuance of new certificate or…
- 8-169 · Situs of ownership of stock
- 8-170 · Dividends; payment; wasting asset corporations
- 8-171 · Special purpose reserves
- 8-172 · Liability of directors and committee members as to dividends or…
- 8-173 · Declaration and payment of dividends
- 8-174 · Liability of directors for unlawful payment of dividend or…
- 8-201 · Transfer of stock, stock certificates and uncertificated stock
- 8-202 · Restrictions on transfer and ownership of securities
- 8-203 · Business combinations with interested stockholders
- 8-204 · Ratification of defective corporate acts and stock [For…
- 8-205 · Proceedings regarding validity of defective corporate acts and…
- 8-211 · Meetings of stockholders
- 8-212 · Voting rights of stockholders; proxies; limitations
- 8-213 · Fixing date for determination of stockholders of record
- 8-214 · Cumulative voting
- 8-215 · Voting rights of members of nonstock corporations; quorum;…
- 8-216 · Quorum and required vote for stock corporations
- 8-217 · Voting rights of fiduciaries, pledgors and joint owners of stock
- 8-218 · Voting trusts and other voting agreements
- 8-219 · List of stockholders entitled to vote; penalty for refusal to…
- 8-220 · Inspection of books and records [For application of this…
- 8-221 · Voting, inspection and other rights of bondholders and…
- 8-222 · Notice of meetings and adjourned meetings
- 8-223 · Vacancies and newly created directorships
- 8-224 · Form of records
- 8-225 · Contested election of directors; proceedings to determine…
- 8-226 · Appointment of custodian or receiver of corporation on deadlock…
- 8-227 · Powers of Court in elections of directors
- 8-228 · Consent of stockholders or members in lieu of meeting [For…
- 8-229 · Waiver of notice
- 8-230 · Exception to requirements of notice
- 8-231 · Voting procedures and inspectors of elections
- 8-232 · Delivery of notice; notice by electronic transmission [For…
- 8-233 · Notice to stockholders sharing an address