Delaware General Corporation Law

The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute governing corporate law in the U.S. state of Delaware.[1] Adopted in 1899, the statute has since made Delaware the most important jurisdiction in United States corporate law. Over half of publicly traded corporations listed in the New York Stock Exchange (including its owner, Intercontinental Exchange) and 66% of the Fortune 500 are incorporated (and therefore domiciled) in the state.[2]