State of Delaware — governance guide

A practitioner reference for State of Delaware, generated from the GovernOS rules engine. Always current with the jurisdiction packs.

At a glance

Legal systemCommon law
Filing languageen
AGM notice period10 clear days
Coverage tierT3 filed

Regulators & portals

Delaware Division of Corporations (DE DOC)

Company registry · API filing

Filing portal →

U.S. Securities and Exchange Commission (SEC)

Securities regulator · API filing

New York Stock Exchange (NYSE)

Stock exchange

Entity types

Delaware C-Corporation

min 1 director(s) · can be public

Delaware LLC

min 1 director(s)

Delaware Limited Partnership

min 1 director(s)

How to — common actions & what each requires

Add director
Approvals

board (50%)

Documents

Unanimous Written Consent — Election of Director; Consent of Director

Filings

none

Authority

Delaware General Corporation Law (DGCL) §§141, 223

Issue shares
Approvals

board (50%)

Documents

Board Consent — Issuance of Stock; Stock Certificate

Filings

none

Authority

DGCL §§151–153, 161; Securities Act Reg D (private placement exemption)

Remove director
Approvals

shareholders (50%)

Documents

Stockholder Written Consent — Removal of Director

Filings

none

Authority

Delaware General Corporation Law (DGCL) §141(k)

Appoint officer
Approvals

board (50%)

Documents

Board Consent — Appointment of Officer; Consent to Act as Officer

Filings

none

Authority

Delaware General Corporation Law (DGCL) §142

Transfer shares
Approvals

board (50%)

Documents

Stock Transfer / Assignment; Stock Certificate (transferee)

Filings

none

Authority

Delaware General Corporation Law (DGCL) §§159, 201; UCC Article 8

Create ESOP
Approvals

board (50%), shareholders (50%)

Documents

Equity Incentive Plan; Board Consent — Adoption of Equity Incentive Plan; Stockholder Consent — Approval of Plan

Filings

none

Authority

Delaware General Corporation Law (DGCL) §157; IRC §422 (ISO stockholder approval)

Grant options
Approvals

board (50%)

Documents

Board Consent — Stock Option Grants; Stock Option Grant Agreement

Filings

none

Authority

Delaware General Corporation Law (DGCL) §157

Approve financing
Approvals

board (50%), shareholders (50%), class shareholders (50%)

Documents

Board Consent — Approval of Financing Round; Stockholder Consent — Amended Certificate & New Preferred; Amended & Restated Certificate of Incorporation

Filings

DE-Restated-COI (due T+0d)

Authority

Delaware General Corporation Law (DGCL) §§151, 152, 242

Approve dividend
Approvals

board (50%)

Documents

Board Consent — Declaration of Dividend

Filings

none

Authority

Delaware General Corporation Law (DGCL) §170

Create subsidiary
Approvals

board (50%)

Documents

Board Consent — Formation of Subsidiary; Certificate of Incorporation (Subsidiary)

Filings

DE-COI (due T+0d)

Authority

Delaware General Corporation Law (DGCL) §§101–106

Amend constitution
Approvals

board (50%), shareholders (50%)

Documents

Board Consent — Approval of Certificate of Amendment; Stockholder Consent — Amendment of Certificate of Incorporation; Certificate of Amendment

Filings

DE-Certificate-of-Amendment (due T+0d)

Authority

Delaware General Corporation Law (DGCL) §242

Change company name
Approvals

board (50%), shareholders (50%)

Documents

Board Consent — Change of Corporate Name; Stockholder Consent — Change of Corporate Name; Certificate of Amendment (Name Change)

Filings

DE-Certificate-of-Amendment (due T+0d)

Authority

Delaware General Corporation Law (DGCL) §242

File annual return
Approvals

board (50%)

Documents

Delaware Annual Report

Filings

DE-Annual-Report (due T+0d)

Authority

Delaware General Corporation Law (DGCL) §§391, 502; Title 8 (franchise tax)

File beneficial ownership
Approvals

Documents

Beneficial Ownership Information Report

Filings

FinCEN-BOIR (due T+30d)

Authority

Corporate Transparency Act (31 U.S.C. §5336); FinCEN BOI Reporting Rule

Prepare AGM
Approvals

board (50%)

Documents

Notice of Annual Meeting of Stockholders; Annual Meeting Minutes

Filings

none

Authority

Delaware General Corporation Law (DGCL) §§211, 222

Approve audit / accounts
Approvals

board (50%)

Documents

Board Consent — Approval of Financial Statements

Filings

none

Authority

Delaware General Corporation Law (DGCL) §141; common law (no statutory annual audit filing for private corporations)

Reference only — not legal advice. Rule packs are directionally accurate and being legally validated per jurisdiction.