Consilena

DelawareStatute

12 Del. C. ch. 38 — Delaware Statutory Trust Act (§§ 3801 et seq.)

Current as of 50 provisions

Provisions

176 in the library

General31
  1. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3820. Conversion of other business entities to a statutory trust."]

    § 3820. Conversion of other business entities to a statutory trust.

    § 3820. Conversion of other business entities to a statutory trust. (a) Any other business entity formed or organized or existing under the laws of the State…

  2. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3887. Special meeting notice."]

    § 3887. Special meeting notice.

    § 3887. Special meeting notice. (a) If a special meeting of beneficial owners is requested, notice of the special meeting shall be given as promptly as…

  3. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3817. Indemnification."]

    § 3817. Indemnification.

    § 3817. Indemnification. (a) Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a statutory trust, a statutory…

  4. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3855. Amendments to application."]

    § 3855. Amendments to application.

    § 3855. Amendments to application. If any statement in the application for registration of a foreign statutory trust was false when made or any arrangements or…

  5. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3818. Treasury interests."]

    § 3818. Treasury interests.

    § 3818. Treasury interests. Except to the extent otherwise provided in the governing instrument of a statutory trust, a statutory trust may acquire, by…

  6. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (a) Except to the extent otherwise provided in the governing instrument of a statutory trust, the business and affairs…

  7. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3856. Cancellation of registration."]

    § 3856. Cancellation of registration.

    § 3856. Cancellation of registration. A foreign statutory trust may cancel its registration by filing with the Secretary of State a certificate of…

  8. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (a) As used in this section and § 3810 of this title: (1) “Dividing trust” means the statutory trust that is effecting a…

  9. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3822. Domestication of non-United States entities."]

    § 3822. Domestication of non-United States entities.

    § 3822. Domestication of non-United States entities. (a) As used in this section, “non-United States entity” means a foreign statutory trust (other than one…

  10. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3826. Document form, signature and delivery."]

    § 3826. Document form, signature and delivery.

    § 3826. Document form, signature and delivery. (a) Except as provided in subsection (b) of this section, without limiting the manner in which any act or…

  11. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3819. Access to and confidentiality of information; records."]

    § 3819. Access to and confidentiality of information; records.

    § 3819. Access to and confidentiality of information; records. (a) Except to the extent otherwise provided in the governing instrument of a statutory trust…

  12. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3857. Doing business without registration."]

    § 3857. Doing business without registration.

    § 3857. Doing business without registration. (a) A foreign statutory trust doing business in the State may not maintain any action, suit or proceeding in the…

  13. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3808. Existence of statutory trust."]

    § 3808. Existence of statutory trust.

    § 3808. Existence of statutory trust. (a) Except to the extent otherwise provided in the governing instrument of the statutory trust, a statutory trust shall…

  14. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3881. Control beneficial interest acquisition definitions."]

    § 3881. Control beneficial interest acquisition definitions.

    § 3881. Control beneficial interest acquisition definitions. (a) “1940 Act” means the Investment Company Act of 1940, as amended (15 U.S.C. § 80a-1 et seq.)…

  15. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3888. Disclosure of control beneficial interest acquisitions and related information."]

    § 3888. Disclosure of control beneficial interest acquisitions and related information.

    § 3888. Disclosure of control beneficial interest acquisitions and related information. (a) A holder of beneficial interests shall disclose to the statutory…

  16. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3828. Construction and application of chapter and governing instrument."]

    § 3828. Construction and application of chapter and governing instrument.

    § 3828. Construction and application of chapter and governing instrument. (a) The rule that statutes in derogation of the common law are to be strictly…

  17. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3827. Reserved power of State to amend or repeal chapter."]

    § 3827. Reserved power of State to amend or repeal chapter.

    § 3827. Reserved power of State to amend or repeal chapter. All provisions of this chapter may be altered from time to time or repealed and all rights of…

  18. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. (a) Pursuant to an agreement of merger or consolidation, a statutory trust may merge or…

  19. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3858. Foreign statutory trusts doing business without having qualified; injunctions."]

    § 3858. Foreign statutory trusts doing business without having qualified; injunctions.

    § 3858. Foreign statutory trusts doing business without having qualified; injunctions. The Court of Chancery shall have jurisdiction to enjoin any foreign…

  20. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3814. Use of names regulated."]

    § 3814. Use of names regulated.

    § 3814. Use of names regulated. (a) The name of each statutory trust as set forth in its certificate of trust must be such as to distinguish it upon the…

  21. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3829. Short title."]

    § 3829. Short title.

    § 3829. Short title. This chapter may be cited as the “Delaware Statutory Trust Act.”

  22. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3883. Voting rights; approvals and exemptions; application."]

    § 3883. Voting rights; approvals and exemptions; application.

    § 3883. Voting rights; approvals and exemptions; application. (a) Holders of control beneficial interests of the statutory trust acquired in a control…

  23. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]. (a) Any foreign statutory trust which shall do business in…

  24. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (a) Every statutory trust shall at all times have at least 1 trustee which, in the case of a natural person, shall…

  25. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3886. Special meeting requirements; limitations."]

    § 3886. Special meeting requirements; limitations.

    § 3886. Special meeting requirements; limitations. (a) A call of a special meeting of beneficial owners of the statutory trust is not required to be made under…

  26. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3816. Derivative actions."]

    § 3816. Derivative actions.

    § 3816. Derivative actions. (a) A beneficial owner may bring an action in the Court of Chancery in the right of a statutory trust to recover a judgment in its…

  27. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3884. Acquiring person statement."]

    § 3884. Acquiring person statement.

    § 3884. Acquiring person statement. Any person who proposes to make or who has made a control beneficial interest acquisition may deliver an acquiring person…

  28. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (a) “Beneficial owner” means any owner of a beneficial interest in a statutory trust, the fact of ownership to be determined and evidenced…

  29. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. (a) A statutory trust may sue and be sued, and service of process upon 1 of the trustees shall be…

  30. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. (a) Upon compliance with this section, a statutory trust may convert to an other business entity. (b) If the governing…

  31. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3811. Execution."]

    § 3811. Execution.

    § 3811. Execution. (a) Each certificate required by this subchapter to be filed in the office of the Secretary of State shall be executed in the following…

["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3859. Execution — Liability."]1
  1. Liability."]

    § 3859. Execution — Liability.

    Liability. Section 3811(c) of this title shall be applicable to foreign statutory trusts as if they were domestic statutory trusts.

General144
  1. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. (a) Upon compliance with the provisions of this section, any statutory trust may transfer to or…

  2. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3812. Filing of certificate."]

    § 3812. Filing of certificate.

    § 3812. Filing of certificate. (a) Any certificate authorized to be filed with the office of the Secretary of State under this subchapter (or any judicial…

  3. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3805. Rights of beneficial owners and trustees in trust property."]

    § 3805. Rights of beneficial owners and trustees in trust property.

    § 3805. Rights of beneficial owners and trustees in trust property. (a) Except to the extent otherwise provided in the governing instrument of the statutory…

  4. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]. (a) Service of legal process upon any foreign statutory trust…

  5. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3885. Acquiring person meeting request."]

    § 3885. Acquiring person meeting request.

    § 3885. Acquiring person meeting request. (a) Except as provided in § 3886 of this title, if the acquiring person requests, at the time of delivery of an…

  6. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3851. Law governing."]

    § 3851. Law governing.

    § 3851. Law governing. Subject to the Constitution of the State: (1) The laws of the state, territory, possession or other jurisdiction or country under which…

  7. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3882. Related acquisitions; beneficial interests held for the benefit of others."]

    § 3882. Related acquisitions; beneficial interests held for the benefit of others.

    § 3882. Related acquisitions; beneficial interests held for the benefit of others. For the purposes of this subchapter: (1) Beneficial interests acquired…

  8. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3809. Applicability of trust law."]

    § 3809. Applicability of trust law.

    § 3809. Applicability of trust law. Except to the extent otherwise provided in the governing instrument of a statutory trust or in this subchapter, the laws of…

  9. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. (a) A foreign statutory trust may register with the Secretary of State under any name (whether or not it is…

  10. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3862. Fees [Effective until Aug. 1, 2026]."]

    § 3862. Fees [Effective until Aug. 1, 2026].

    § 3862. Fees [Effective until Aug. 1, 2026]. No document required to be filed under this subchapter shall be effective until the applicable fee required by…

  11. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3863. Activities not constituting doing business."]

    § 3863. Activities not constituting doing business.

    § 3863. Activities not constituting doing business. (a) Activities of a foreign statutory trust in the State of Delaware that do not constitute doing business…

  12. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3802. Contributions by beneficial owners."]

    § 3802. Contributions by beneficial owners.

    § 3802. Contributions by beneficial owners. (a) A contribution of a beneficial owner to the statutory trust may be in cash, property or services rendered, or a…

  13. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3853. Issuance of registration."]

    § 3853. Issuance of registration.

    § 3853. Issuance of registration. (a) If the Secretary of State finds that an application for registration conforms to law and all requisite fees have been…

  14. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3813. Fees [Effective until Aug. 1, 2026]."]

    § 3813. Fees [Effective until Aug. 1, 2026].

    § 3813. Fees [Effective until Aug. 1, 2026]. (a) No documents required to be filed under this subchapter shall be effective until the applicable fee required…

  15. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (a) (1) Every statutory trust shall file a certificate of trust in the office of the…

  16. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3852. Registration required; application."]

    § 3852. Registration required; application.

    § 3852. Registration required; application. (a) Before doing business in the State of Delaware, a foreign statutory trust shall register with the Secretary of…

  17. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3824. Judicial cancellation of certificate of trust; proceedings."]

    § 3824. Judicial cancellation of certificate of trust; proceedings.

    § 3824. Judicial cancellation of certificate of trust; proceedings. (a) Upon motion by the Attorney General, the Court of Chancery shall have jurisdiction to…

  18. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3803. Liability of beneficial owners and trustees."]

    § 3803. Liability of beneficial owners and trustees.

    § 3803. Liability of beneficial owners and trustees. (a) Except to the extent otherwise provided in the governing instrument of the statutory trust, the…

  19. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3814. Use of names regulated."]

    § 3814. Use of names regulated.

    § 3814. Use of names regulated. to amend its certificate of trust to comply with this subsection. (b) The name of each statutory trust as set forth in its…

  20. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. (2) A registered agent for service of process on the foreign statutory trust, having a business office…

  21. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3881. Control beneficial interest acquisition definitions."]

    § 3881. Control beneficial interest acquisition definitions.

    § 3881. Control beneficial interest acquisition definitions. (1) “Control beneficial interest acquisition” means the acquisition, directly or indirectly, by…

  22. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3808. Existence of statutory trust."]

    § 3808. Existence of statutory trust.

    § 3808. Existence of statutory trust. (2) In the case of dissolution at the time or upon the happening of events specified in a governing instrument (other…

  23. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]. State, and such service shall be as effectual for all intents…

  24. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3802. Contributions by beneficial owners."]

    § 3802. Contributions by beneficial owners.

    § 3802. Contributions by beneficial owners. that of nondefaulting beneficial owners, a forced sale of the beneficial interest, forfeiture of the beneficial…

  25. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3812. Filing of certificate."]

    § 3812. Filing of certificate.

    § 3812. Filing of certificate. (4) Enter such information from the certificate as the Secretary of State deems appropriate into the Delaware Corporation…

  26. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3813. Fees [Effective until Aug. 1, 2026]."]

    § 3813. Fees [Effective until Aug. 1, 2026].

    § 3813. Fees [Effective until Aug. 1, 2026]. (5) Upon the receipt for filing of a certificate under § 3807(e) of this title, a fee in the amount of $200, upon…

  27. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3805. Rights of beneficial owners and trustees in trust property."]

    § 3805. Rights of beneficial owners and trustees in trust property.

    § 3805. Rights of beneficial owners and trustees in trust property. to, a creditor of the statutory trust with respect to the distribution. A governing…

  28. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3863. Activities not constituting doing business."]

    § 3863. Activities not constituting doing business.

    § 3863. Activities not constituting doing business. (12) Doing business in the State of Delaware as an insurance company. (b) A person shall not be deemed to…

  29. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (2) A registered agent for service of process on the statutory trust, which agent may be either an individual…

  30. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3883. Voting rights; approvals and exemptions; application."]

    § 3883. Voting rights; approvals and exemptions; application.

    § 3883. Voting rights; approvals and exemptions; application. instrument or by action of the trustees. In the event that either a request is made under §…

  31. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (1) A certificate of trust may be amended by filing a certificate of amendment thereto in…

  32. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3826. Document form, signature and delivery."]

    § 3826. Document form, signature and delivery.

    § 3826. Document form, signature and delivery. (3) Unless otherwise provided in the governing instrument or agreed between the sender and recipient, an…

  33. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3822. Domestication of non-United States entities."]

    § 3822. Domestication of non-United States entities.

    § 3822. Domestication of non-United States entities. (2) The name of the non-United States entity immediately prior to the filing of the certificate of…

  34. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3820. Conversion of other business entities to a statutory trust."]

    § 3820. Conversion of other business entities to a statutory trust.

    § 3820. Conversion of other business entities to a statutory trust. (4) The future effective date or time (which shall be a date or time certain) of the…

  35. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (1) May provide that a person shall become a beneficial owner or a trustee if such person (or, in the case of a beneficial owner, a…

  36. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3811. Execution."]

    § 3811. Execution.

    § 3811. Execution. (4) If a statutory trust is filing a certificate of merger or consolidation, certificate of conversion, certificate of transfer, certificate…

  37. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (1) May provide for classes, groups or series of trustees or beneficial owners, or classes, groups or series of…

  38. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (6) “Surviving trust” means a dividing trust that survives the division. (b) Pursuant to a plan of division, any…

  39. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. or regulated as a business development company under the Investment Company Act of 1940, as…

  40. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3885. Acquiring person meeting request."]

    § 3885. Acquiring person meeting request.

    § 3885. Acquiring person meeting request. sooner than 30 days after the day on which the statutory trust receives the acquiring person statement. (e) (1) If no…

  41. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3816. Derivative actions."]

    § 3816. Derivative actions.

    § 3816. Derivative actions. (2) Plaintiff’s status as a beneficial owner had devolved upon plaintiff by operation of law or pursuant to the terms of the…

  42. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3819. Access to and confidentiality of information; records."]

    § 3819. Access to and confidentiality of information; records.

    § 3819. Access to and confidentiality of information; records. (4) Other information regarding the affairs of the statutory trust as is just and reasonable…

  43. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. (2) of this title, and to the extent separate and distinct records are maintained for any such series…

  44. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. party to the merger or consolidation may be exchanged for or converted into cash, property…

  45. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]. statutory trust to register under § 3852 of this title…

  46. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3852. Registration required; application."]

    § 3852. Registration required; application.

    § 3852. Registration required; application. (2) A certificate, as of a date not earlier than 6 months prior to the filing date, issued by an authorized officer…

  47. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. by the approval of all of the trustees and by the beneficial owners who own more than 50% of the then current…

  48. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (1)b. of this title. (d) Service of process upon a registered agent maintained by a statutory trust pursuant to…

  49. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. (2) That an agreement of merger or consolidation has been approved and executed by each of the…

  50. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3826. Document form, signature and delivery."]

    § 3826. Document form, signature and delivery.

    § 3826. Document form, signature and delivery. (1) A document filed with or submitted to the Secretary of State, the Prothonotary, the Register in Chancery, or…

  51. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3808. Existence of statutory trust."]

    § 3808. Existence of statutory trust.

    § 3808. Existence of statutory trust. made known to the statutory trust or that have not arisen but that, based on the facts known to the statutory trust, are…

  52. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (3) May contain any provision that is not inconsistent with law or with the information contained in the certificate of trust. A statutory…

  53. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3881. Control beneficial interest acquisition definitions."]

    § 3881. Control beneficial interest acquisition definitions.

    § 3881. Control beneficial interest acquisition definitions. (2) of this section) owned by a person or in respect of which that person is entitled to exercise…

  54. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3811. Execution."]

    § 3811. Execution.

    § 3811. Execution. the Secretary of State, but if in writing, must be retained by the statutory trust or a trustee or other person authorized to manage the…

  55. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3814. Use of names regulated."]

    § 3814. Use of names regulated.

    § 3814. Use of names regulated. (1) Any person intending to form a statutory trust and to adopt that name; and

  56. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3813. Fees [Effective until Aug. 1, 2026]."]

    § 3813. Fees [Effective until Aug. 1, 2026].

    § 3813. Fees [Effective until Aug. 1, 2026]. (1) For all services described in subsection (a) of this section that are requested to be completed within 30…

  57. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. shall be located at the new address of the registered agent thereof as given in the certificate. In the…

  58. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3812. Filing of certificate."]

    § 3812. Filing of certificate.

    § 3812. Filing of certificate. (2) of this title shall be paid at the time of the filing of a certificate of trust, a certificate of amendment, a certificate…

  59. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. (2) Restrict a statutory trust from agreeing in the governing instrument or otherwise that any or all…

  60. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026]. name of the plaintiff and defendant, the title, docket number…

  61. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3805. Rights of beneficial owners and trustees in trust property."]

    § 3805. Rights of beneficial owners and trustees in trust property.

    § 3805. Rights of beneficial owners and trustees in trust property. or series in respect to assets specifically allocated to the class, group or series as…

  62. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3819. Access to and confidentiality of information; records."]

    § 3819. Access to and confidentiality of information; records.

    § 3819. Access to and confidentiality of information; records. agent shall be the person who seeks the right to obtain the information described in subsection…

  63. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (3) May provide for the taking of any action, including the amendment of the governing instrument, the accomplishment of…

  64. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3820. Conversion of other business entities to a statutory trust."]

    § 3820. Conversion of other business entities to a statutory trust.

    § 3820. Conversion of other business entities to a statutory trust. (2) of this title, the existence of the statutory trust shall be deemed to have commenced…

  65. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. (1) The name of the statutory trust and, if it has been changed, the name under which its…

  66. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]."]

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].

    § 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026]. 8. (c) In the event of service upon the Secretary of State…

  67. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. 2020. (c) Unless otherwise agreed, the conversion of a statutory trust to an other business entity pursuant to this…

  68. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (1) A certificate of trust may be restated by integrating into a single instrument all of…

  69. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3822. Domestication of non-United States entities."]

    § 3822. Domestication of non-United States entities.

    § 3822. Domestication of non-United States entities. (2) of this title, the existence of the statutory trust shall be deemed to have commenced on the date the…

  70. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. statutory trust as a constituent party to the merger or consolidation. If the governing instrument of a dividing trust…

  71. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. (3) The jurisdiction in which the other business entity, to which the statutory trust shall be converted, is…

  72. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3811. Execution."]

    § 3811. Execution.

    § 3811. Execution. members, partners, trustees, employees or agents shall be deemed coupled with an interest sufficient in law to support an irrevocable power…

  73. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (g) “Other business entity” means a corporation, a partnership (whether general or limited), a limited liability company, a common-law…

  74. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (2) A certificate of trust may be restated at any time for any purpose as the trustees may…

  75. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3820. Conversion of other business entities to a statutory trust."]

    § 3820. Conversion of other business entities to a statutory trust.

    § 3820. Conversion of other business entities to a statutory trust. if said debts, liabilities and duties had been incurred or contracted by it in its capacity…

  76. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3812. Filing of certificate."]

    § 3812. Filing of certificate.

    § 3812. Filing of certificate. (2) of this title and is notice of the limitation on liability of a series of a statutory trust which is permitted to be set…

  77. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3814. Use of names regulated."]

    § 3814. Use of names regulated.

    § 3814. Use of names regulated. (2) Any statutory trust registered in this State which proposes to change its name. (e) The reservation of a specified name…

  78. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. a violation by a trustee of a duty to the statutory trust, or any beneficial owner, whether or not…

  79. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (1)b. of this title, has changed may change such name in the certificates of trust of all statutory trusts for…

  80. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. section shall not require such statutory trust to wind up its affairs or pay its liabilities and distribute its assets…

  81. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3822. Domestication of non-United States entities."]

    § 3822. Domestication of non-United States entities.

    § 3822. Domestication of non-United States entities. and powers of the non-United States entity that has been domesticated, and all property, real, personal…

  82. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3813. Fees [Effective until Aug. 1, 2026]."]

    § 3813. Fees [Effective until Aug. 1, 2026].

    § 3813. Fees [Effective until Aug. 1, 2026]. (3) For all services described in subsection (a) of this section that are requested to be completed within a…

  83. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. (3) A division of the registered agent in which an identified resulting person succeeds to all of the assets…

  84. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3808. Existence of statutory trust."]

    § 3808. Existence of statutory trust.

    § 3808. Existence of statutory trust. this title is dissolved and its affairs shall be wound up at the time or upon the happening of events specified in the…

  85. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3881. Control beneficial interest acquisition definitions."]

    § 3881. Control beneficial interest acquisition definitions.

    § 3881. Control beneficial interest acquisition definitions. is otherwise precluded by the rules of such exchange from voting without instructions. (2)…

  86. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. (7) The address (which may not be that of the statutory trust’s registered agent, as applicable…

  87. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (6) May provide for the present or future creation of more than 1 statutory trust, including the creation of a future…

  88. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. (8) If the surviving or resulting person is not a statutory trust or other business entity…

  89. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3820. Conversion of other business entities to a statutory trust."]

    § 3820. Conversion of other business entities to a statutory trust.

    § 3820. Conversion of other business entities to a statutory trust. This section shall not be construed to limit the accomplishment of a change in the law…

  90. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. the Register in Chancery of the court in which the civil action or proceeding is pending shall…

  91. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (3) Shall effect the adoption of a governing instrument for each resulting trust. Any amendment to a governing…

  92. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter III. Control Beneficial Interest Acquisitions", "§ 3881. Control beneficial interest acquisition definitions."]

    § 3881. Control beneficial interest acquisition definitions.

    § 3881. Control beneficial interest acquisition definitions. (4) A trustee of the statutory trust who is an “interested person” of the statutory trust as…

  93. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (9) May provide for the manner in which it may be amended, including by requiring the approval of a person who is not a…

  94. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. courier and a record of delivery evidenced by the signature of the recipient. Such letter…

  95. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (1) Is created by a governing instrument under which property is or will be held, managed, administered, controlled, invested, reinvested…

  96. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (5) of this title and filing with the Secretary of State a certificate, executed by such trustee or registered…

  97. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. of the application of each foreign statutory trust affected thereby, and each such foreign statutory trust…

  98. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (2) The date of filing of its certificate of trust; (3) The future effective date or time…

  99. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3814. Use of names regulated."]

    § 3814. Use of names regulated.

    § 3814. Use of names regulated. a notation thereon of the action taken with respect to the original copy thereof by the Secretary of State. (f) Fees as set…

  100. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. (8) In the case of a certificate of transfer and continuance, that the statutory trust will…

  101. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3822. Domestication of non-United States entities."]

    § 3822. Domestication of non-United States entities.

    § 3822. Domestication of non-United States entities. State, be deemed to be the same person as the domesticating non-United States entity. Unless otherwise…

  102. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. (6) of this section by means of electronic transmission but only as prescribed by the Secretary of State. The…

  103. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. Unless otherwise agreed, the transfer or domestication of a statutory trust out of the State of…

  104. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. and the resulting cessation of its existence as a statutory trust of the State of Delaware pursuant to a certificate…

  105. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. (4) Any other information the trustee determines to include therein. A certificate of…

  106. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (2) The name of each resulting trust and, if the dividing trust will survive the division, the name of the surviving…

  107. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3801. Definitions."]

    § 3801. Definitions.

    § 3801. Definitions. (1) of this section (including, without limitation, for the purpose of holding or otherwise taking title to property, whether in an active…

  108. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3854. Name; registered office; registered agent."]

    § 3854. Name; registered office; registered agent.

    § 3854. Name; registered office; registered agent. by the registered agent of the certificate of resignation, such foreign statutory trust shall not be…

  109. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. Secretary of State of a certificate of merger or consolidation. (e) A certificate of merger or…

  110. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. in § 3813(a) (5) of this title and filing a certificate with the Secretary of State stating that it resigns and…

  111. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3804. Legal proceedings [Effective until Aug. 1, 2026]."]

    § 3804. Legal proceedings [Effective until Aug. 1, 2026].

    § 3804. Legal proceedings [Effective until Aug. 1, 2026]. a legal action or proceeding in the courts of the State with respect to matters relating to the…

  112. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (10) May provide for specific trustees, a certain number of trustees or a threshold percentage of trustees required to…

  113. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. with this subchapter. The corrected certificate shall be specifically designated as such in…

  114. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3821. Conversion of a statutory trust."]

    § 3821. Conversion of a statutory trust.

    § 3821. Conversion of a statutory trust. to the other business entity to which such statutory trust has converted, and may be enforced against it to the same…

  115. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (2) The date of filing of the dividing trust’s original certificate of trust with the Secretary of State; (3) The name…

  116. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. of, or interests in, the other business entity in which the statutory trust will exist in such…

  117. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. governing instrument may provide for the limitation or elimination of any and all liabilities for breach of contract and…

  118. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (5) of this title and filing a certificate of resignation with the Secretary of State, but such resignation shall…

  119. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. (1) or this paragraph of this section, if the statutory trust is the surviving or resulting…

  120. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3810. Certificate of trust; amendment; restatement; cancellation."]

    § 3810. Certificate of trust; amendment; restatement; cancellation.

    § 3810. Certificate of trust; amendment; restatement; cancellation. and to collect the debts and property due and belonging to the statutory trust, with the…

  121. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (2) The beneficial owners may vote in person or by proxy, and such proxy may be granted in writing, by means of…

  122. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3823. Transfer or continuance of domestic statutory trusts."]

    § 3823. Transfer or continuance of domestic statutory trusts.

    § 3823. Transfer or continuance of domestic statutory trusts. shall remain attached to the transferred or domesticated other business entity, and may be…

  123. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (9) Any other information the dividing trust determines to include therein. (i) The certificate of division and each…

  124. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. As contained in any certificate of trust, application for registration as a foreign statutory trust, or other…

  125. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. 2010. (g) When any merger or consolidation shall have become effective under this section, for…

  126. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (1) A natural person serving as a commercial registered agent shall: a. Maintain a principal residence or a…

  127. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3815. Merger and consolidation [Effective until Aug. 1, 2026]."]

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026].

    § 3815. Merger and consolidation [Effective until Aug. 1, 2026]. statutory trust which is not the surviving or resulting person in the merger or consolidation…

  128. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (2) For all purposes of the laws of the State of Delaware, all of the rights, privileges and powers, and all the…

  129. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (1) The trustees may take such action without a meeting, without a prior notice and without a vote if consented to, in…

  130. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (2) A domestic or foreign corporation, a domestic partnership (whether general (including a limited liability…

  131. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (2) The trustee may vote in person or by proxy, and such proxy may be granted in writing, by means of electronic…

  132. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (4) Each of the debts, liabilities and duties of the dividing trust shall without further action be allocated to and be…

  133. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (2)a. of this section, a “commercial registered agent” shall also include any registered agent which has an…

  134. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. affairs of the statutory trust, which delegation may be made irrespective of whether the trustee has a conflict of…

  135. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (2) of this title. Every registered agent shall retain (in paper or electronic form) the above information…

  136. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3825. Division of a statutory trust."]

    § 3825. Division of a statutory trust.

    § 3825. Division of a statutory trust. (4) of this section, and against any resulting trust to which the asset, property, right, series, debt, liability or…

  137. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (2) Any 1 or more of the following grounds shall be a sufficient basis to grant an injunction pursuant to this…

  138. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (7) or subsection (i) of this section reasonably believes are within such other person’s professional or expert…

  139. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (3) With respect to any order the court enters pursuant to this section with respect to an entity that has acted as…

  140. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (2) Be liable for failure to do so. (o) Any act or transaction that may be taken by or in respect of a statutory trust…

  141. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. permitted to do business in the State of Delaware and its registration shall be canceled. If the court enjoins a…

  142. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. (2) To amend the governing instrument in a manner that would permit such act or transaction to be validly taken, in each…

  143. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3807. Trustee in State; registered agent."]

    § 3807. Trustee in State; registered agent.

    § 3807. Trustee in State; registered agent. (5) of this title and executing and filing a certificate with the Secretary of State setting forth the name and…

  144. ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter I. Domestic Statutory Trusts", "§ 3806. Management of statutory trust."]

    § 3806. Management of statutory trust.

    § 3806. Management of statutory trust. have exercised the standard of care required of the trustees under the governing instrument or this subchapter in…

Headings and opening words only; the full text is on delcode.delaware.gov, which is authoritative. The library holds the version current as of the date shown. AI output is not legal advice — consult a licensed lawyer in the relevant jurisdiction.

Ask your first question. See the price before you do.

Free start credits · No card · No subscription · AI output is not legal advice — consult a licensed lawyer in the relevant jurisdiction.