Delaware Code (Titles 8, 9, 25, 30)
8 Del. C. § 618
Applicability of General Corporation Law; consolidation or merger of professional corporations; annual report
This title shall be applicable to a corporation organized pursuant to this chapter, except to the extent that any of the provisions of this chapter are interpreted to be in conflict with the provisions of this title, and in such event the provisions and sections of this chapter shall take precedence with respect to a corporation organized pursuant to this chapter. A professional corporation may consolidate or merge only with another professional corporation empowered to render the same specific professional service or any qualified related professional services; and a merger or consolidation with any foreign corporation is prohibited. Sections 501-518 of this title shall be applicable to a professional corporation; but in addition to the information called for on the annual report of all corporations by those provisions, the annual report of a professional corporation may, by its terms, separately require that the professional corporation shall certify that its shareholders, directors and officers listed on such report are duly licensed or otherwise legally authorized to render the same specific professional service, or those component qualified related professional services, as the professional corporation.
Amendment history
57 Del. Laws, c. 127; 57 Del. Laws, c. 421, § 19; 80 Del. Laws, c. 184, § 1
Source: view the official text
In this title (40 sections)
- 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…
- 8-609 · Engaging in other business prohibited
- 8-610 · Issuance of capital stock to licensed individuals; voting trust…
- 8-611 · Disqualification of officer, shareholder, agent or employee
- 8-612 · Sale or transfer of shares
- 8-613 · Price for shares
- 8-614 · Perpetual corporate existence
- 8-615 · Conversion into business corporation
- 8-616 · Time for transfer of shares upon death or disqualification
- 8-617 · Corporate name
- 8-618 · Applicability of General Corporation Law; consolidation or…
- 8-619 · Construction of chapter