Delaware Code
Subchapter V. Stock and Dividends
§ 166. Formalities required of stock subscriptions.

A subscription for stock of a corporation, whether made before or after the formation of a corporation, shall not be enforceable against a subscriber, unless in writing and signed by the subscriber or by such subscriber's agent.

Structure Delaware Code

Delaware Code

Title 8 - Corporations

Chapter 1. GENERAL CORPORATION LAW

Subchapter V. Stock and Dividends

§ 151. Classes and series of stock; redemption; rights.

§ 152. Issuance of stock; lawful consideration; fully paid stock.

§ 153. Consideration for stock.

§ 154. Determination of amount of capital; capital, surplus and net assets defined.

§ 155. Fractions of shares.

§ 156. Partly paid shares.

§ 157. Rights and options respecting stock.

§ 158. Stock certificates; uncertificated shares.

§ 159. Shares of stock; personal property, transfer and taxation.

§ 160. Corporation's powers respecting ownership, voting, etc., of its own stock; rights of stock called for redemption.

§ 161. Issuance of additional stock; when and by whom.

§ 162. Liability of stockholder or subscriber for stock not paid in full.

§ 163. Payment for stock not paid in full.

§ 164. Failure to pay for stock; remedies.

§ 165. Revocability of preincorporation subscriptions.

§ 166. Formalities required of stock subscriptions.

§ 167. Lost, stolen or destroyed stock certificates; issuance of new certificate or uncertificated shares.

§ 168. Judicial proceedings to compel issuance of new certificate or uncertificated shares.

§ 169. Situs of ownership of stock.

§ 170. Dividends; payment; wasting asset corporations.

§ 171. Special purpose reserves.

§ 172. Liability of directors and committee members as to dividends or stock redemption.

§ 173. Declaration and payment of dividends.

§ 174. Liability of directors for unlawful payment of dividend or unlawful stock purchase or redemption; exoneration from liability; contribution among directors; subrogation.