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§ 1404 — Delaware Law | CourtGPT
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Delaware Legal Code

§ 1404

Delaware Title 6 — Delaware law

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(a) Except as otherwise provided in the organizational documents, all voting stock shall be owned by members; provided however, that pursuant to the organizational documents, at least a majority of each class of voting stock shall be owned by members. (b) The nonvoting stock of a workers cooperative may be owned by any person.70 Del. Laws, c. 395, § 1;

Source: https://delcode.delaware.gov/title6/c014/index.html· Version 2026