Warranty Deed from Corporation to Corporation - Delaware 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the Parcel Number, Prepared By, and the names and addresses of both the Grantor (the corporation transferring property) and Grantee (the corporation receiving property). Ensure all details are accurate for legal purposes.
  3. In the main body of the deed, specify the date of execution and clearly identify both parties involved. Include the state under which each corporation is organized.
  4. Detail the consideration amount, typically set at One Dollar ($1.00), followed by a description of the property being conveyed. Attach a legal description as Exhibit A for clarity.
  5. Complete any necessary sections regarding prior instruments and exceptions related to oil, gas, and minerals. This ensures transparency about what is included in the transfer.
  6. Finalize by having authorized representatives sign and date the document in front of a Notary Public, ensuring all signatures are properly witnessed.

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Delaware companies are not required to use statutory stock certificates. But if they do choose to use statutory certificates, they are required to adhere to certain formalities: The statutory certificates must be signed by two company officers.
Merger or consolidation of domestic corporations and limited liability companies; service of process upon surviving or resulting corporation or limited liability company.
174. Liability of directors for unlawful payment of dividend or unlawful stock purchase or redemption; exoneration from liability; contribution among directors; subrogation.
Section 141(k) of the Delaware General Corporation Law (DGCL) contains the default rule that a corporations stockholders have the right to vote to remove directors from the board with or without cause. Section 141(k) contains two exceptions to the default rule where the removal of directors may be limited to for
Under Delaware law, a shareholder has a right to vote on any amendment to the corporations governing documents, whether such class of shares is entitled to vote or not under the governing documents, for actions that would (i) increase or decrease the number of authorized shares of such class; (ii) increase or decrease
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(a) Any 1 or more corporations of this State may merge or consolidate with 1 or more foreign corporations, unless the laws of the jurisdiction or jurisdictions under which such foreign corporation or corporations are organized prohibit such merger or consolidation.
Laws, c. 127, 5; 174. Liability of directors for unlawful payment of dividend or unlawful stock purchase or redemption; exoneration from liability; contribution among directors; subrogation.
276. Dissolution of nonstock corporation; procedure. (a) Whenever it shall be desired to dissolve any nonstock corporation, the governing body shall perform all the acts necessary for dissolution which are required by 275 of this title to be performed by the board of directors of a corporation having capital stock.

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