Every corporation created under this chapter shall within 6 months from the date of its incorporation be actively engaged in the business for which it was created or its certificate of incorporation and corporate franchise shall be deemed and held to be revoked.
Structure Delaware Code
Chapter 15. CREDIT CARD INSTITUTIONS
§ 1511. Articles of association; contents and execution.
§ 1512. Notice of intention to incorporate; publication.
§ 1513. Application for certificate of public convenience and advantage.
§ 1514. Determination of public convenience.
§ 1515. Organizational meeting; notice; proceedings.
§ 1516. Articles of organization — Contents.
§ 1519. Certificate of incorporation.
§ 1520. Commencement of corporate existence.
§ 1521. Certificate authorizing transaction of business.
§ 1522. Revocation of charter for failure to commence business within 6 months.