8 Del. C. § 326
This is the official text of 8 Del. C. § 326, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 326. Action by officer, director or stockholder against corporation for corporate debt paid.
Official statutory text
When any officer, director or stockholder shall pay any debt of a corporation for which such person is made liable by the provisions of this chapter, such person may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of the corporation shall be liable to be taken, and not the property of any stockholder.
Status: in_force · Read it on the official government site
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