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§ 327 — Delaware Law | CourtGPT
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  2. Laws/
  3. Delaware/
  4. Title 8 - Corporations/
  5. Chapter 1 - General Corporation Lawsub/
  6. Subchapter Xiii - Suits Against Corporations, Directors, Officers or Stockholders§ 321. Service of Process on Corporations/
  7. § 327
Delaware Legal Code

§ 327

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