Delaware Corporations Code

The Delaware Corporations Code is the set of lawsprocesses are an important section that contains three
that pertain to corporations and business entitiesmajor sub-sections - Chancery Court, service of
registered in the state of Delaware. The importantprocess, and uniform arbitration act. The decedents'
sections of the code are the ones on corporations,estates and fiduciary relations sections essentially
commerce and trade, counties, courts and judicialmentions the treatment of statutory trusts, apart from
processes, decedents' estates and fiduciary relations,other related matters.
state government, and state taxes.The state government section is divided into the two
The corporations section primarily handles issuesimportant offices of the Secretary of State and
related to general corporation law, corporationDepartment of State. The details here inform of the
franchise tax, and professional service corporations.powers and rights of the respective offices. The last
The commerce and trade section touches upon thesection of state taxes, which also contains a
various forms of business incorporation. It givessub-section on corporate income tax, is the one of
information on laws pertaining to partnerships, limitedmost interest to businesses. This section explains the
partnerships, and liability limited forms of businessterminology used and lists the various sources of
entities. This section also details the laws regardingtaxation that arise during the normal course of doing
secured transactions and uniform commercial codebusiness in the state of Delaware.
filings, apart from explaining the Delaware UniformThe entire code is available for viewing on the official
Corporate Nonprofit Association Act.website of the state of Delaware. This, and other
The counties section gives information that businessinformation available on the website, provides
entities need to know on zoning and other aspects ofinformation to corporations concerning the various
local and state administration. The courts and judicialaspects of doing business in Delaware.