Del. Code 8, § 327 : Corporations — General Corporation Law — Suits Against Corporations, Directors, Officers Or Stockholders — Stockholder's derivative action; allegation of stock ownership

Current through 2016 Legislative Session, Act 399

In any derivative suit instituted by a stockholder of a corporation, it shall be averred in the complaint that the plaintiff was a stockholder of the corporation at the time of the transaction of which such stockholder complains or that such stockholder's stock thereafter devolved upon such stockholder by operation of law.

Del. C. § 327
8 Del. C. 1953, § 327; 56 Del. Laws, c. 50; 71 Del. Laws, c. 339, § 73.;