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What consideration may a Delaware corporation accept for shares?

The board determines the consideration, which may be any benefit to the corporation, and may set a formula or delegate within limits. Absent actual fraud, the board's judgment on value is conclusive.

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Source

Source
8 Del. C. §§ 152 to 153
Source
Delaware Code Online
Area
Capital and distributions
Source type
statute
Status
In force at the reading date
Authority
Delaware Secretary of State
Checked
2026-10-01

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