Current through 2024 Legislative Session Act Chapter 531
Section 1404 - Ownership of voting and nonvoting stock(a) Except as otherwise provided in the organizational documents, all voting stock shall be owned by members; provided however, that pursuant to the organizational documents, at least a majority of each class of voting stock shall be owned by members.(b) The nonvoting stock of a workers cooperative may be owned by any person. 70 Del. Laws, c. 395, § 1.;