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§ 1157 — Delaware Law | CourtGPT
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  7. § 1157
Delaware Legal Code

§ 1157

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Any provision in a certificate of incorporation, bylaw, trust agreement, contract, or any other writing regulating the relationships between an owner and a holder, which relates to property that is or may be subject to the provisions of this chapter, with the exception of 'nonescheat capital credits' as defined in § 909 of Title 26, and which provides that upon the owner's failure to act or make a claim regarding property in possession of the holder that the property reverts to or becomes the property of the holder is void and unenforceable.68 Del. Laws, c. 122, § 13; 71 Del. Laws, c. 448, § 2; 81 Del. Laws, c. 1, § 2;