Delaware Code (Titles 8, 9, 25, 30)
8 Del. C. § 507
Collection of tax; preferred debt
Official textdelcode.delaware.gov
The franchise tax shall be a debt due from the corporation to the State, for which an action at law may be maintained after the same shall have been in arrears for a period of 1 month. The tax shall also be a preferred debt in case of insolvency.
Amendment history
21 Del. Laws, c. 166, § 6; 22 Del. Laws, c. 15, § 6; 36 Del. Laws, c. 6, § 5; 55 Del. Laws, c. 90, § 1; 58 Del. Laws, c. 450, § 5
Source: view the official text
In this title (40 sections)
- 8-383 · Actions by and against unqualified foreign corporations
- 8-384 · Foreign corporations doing business without having qualified;…
- 8-385 · Filing of certain instruments with recorder of deeds not…
- 8-388 · Domestication of non-United States entities [For application of…
- 8-389 · Temporary transfer of domicile into this State
- 8-390 · Transfer, domestication or continuance of domestic corporations…
- 8-391 · Amounts payable to Secretary of State upon filing certificate…
- 8-392 · [Reserved.]
- 8-393 · Rights, liabilities and duties under prior statutes
- 8-394 · Reserved power of State to amend or repeal chapter; chapter…
- 8-395 · Corporations using “trust” in name, advertisements and…
- 8-396 · Publication of chapter by Secretary of State; distribution
- 8-397 · Penalty for unauthorized publication of chapter
- 8-398 · Short title
- 8-501 · Corporations subject to and exempt from franchise tax
- 8-502 · Annual franchise tax report; contents; failure to file and pay…
- 8-503 · Rates and computation of franchise tax
- 8-504 · Collection and disposition of tax; tentative return and tax;…
- 8-505 · Review and refund; jurisdiction and power of the Secretary of…
- 8-506 · Fund for payment of refunds
- 8-507 · Collection of tax; preferred debt
- 8-508 · Injunction against exercise of franchise or transacting business
- 8-509 · Further remedy in Court of Chancery; appointment of receiver or…
- 8-510 · Failure to pay tax or file a complete annual report for 1 year;…
- 8-511 · Repeal of charters of delinquent corporations; report to…
- 8-512 · Filing and publication of proclamation
- 8-513 · Acting under proclaimed charter; penalty
- 8-514 · Mistakes in proclamation; correction
- 8-515 · Annual report of Secretary of State
- 8-516 · Retaliatory taxation and regulation; imposition
- 8-517 · Duties of Attorney General
- 8-518 · Relief for corporations with assets in certain unfriendly…
- 8-601 · Legislative intent
- 8-602 · Short title
- 8-603 · Definitions
- 8-604 · Exemptions
- 8-605 · Authority to organize; law governing
- 8-606 · Number of directors; officers
- 8-607 · Rendition of professional services through licensed officers,…
- 8-608 · Chapter not to affect professional relationship; legal…