DGCL definition: Copy, customize, and use instantly
Introduction
The term "DGCL" refers to the Delaware General Corporation Law, a set of statutes that governs the formation, operation, and dissolution of corporations in the state of Delaware. As Delaware is one of the most popular jurisdictions for incorporation, the DGCL is essential for defining corporate governance structures, shareholder rights, and other corporate matters.
Below are various examples of how "DGCL" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "DGCL" as governing law
This definition ties "DGCL" to the governing law of a corporation.
"DGCL" refers to the Delaware General Corporation Law, which governs the formation, operation, and dissolution of corporations incorporated in Delaware.
Definition of "DGCL" as a legal framework
This definition connects "DGCL" to the legal framework for corporations.
"DGCL" means the Delaware General Corporation Law, a comprehensive body of statutes that outlines the powers, rights, and duties of Delaware corporations, their directors, officers, and shareholders.
Definition of "DGCL" as a reference for corporate actions
This definition applies "DGCL" to corporate actions and decisions.
"DGCL" refers to the Delaware General Corporation Law, which provides the legal foundation for corporate actions such as mergers, acquisitions, and changes in capital structure within Delaware corporations.
Definition of "DGCL" as part of corporate governance
This definition links "DGCL" to corporate governance structures.
"DGCL" means the Delaware General Corporation Law, which establishes the governance framework for corporations, including the rights of directors, officers, and shareholders.
Definition of "DGCL" for corporate mergers and acquisitions
This definition connects "DGCL" to mergers and acquisitions.
"DGCL" refers to the Delaware General Corporation Law, which governs the procedures and requirements for corporate mergers, acquisitions, and other strategic transactions for Delaware-incorporated entities.
Definition of "DGCL" as a compliance reference
This definition ties "DGCL" to compliance.
"DGCL" means the Delaware General Corporation Law, which sets forth the legal requirements that must be adhered to by corporations incorporated in Delaware to ensure compliance with state laws.
Definition of "DGCL" as regulatory framework
This definition connects "DGCL" to a regulatory framework.
"DGCL" refers to the Delaware General Corporation Law, the set of regulations that governs the actions and responsibilities of corporate entities formed in Delaware.
Definition of "DGCL" for corporate disputes
This definition applies "DGCL" to corporate dispute resolution.
"DGCL" means the Delaware General Corporation Law, which outlines the legal processes and remedies available to resolve disputes between corporate shareholders, officers, and directors in Delaware corporations.
Definition of "DGCL" as a source for shareholder rights
This definition links "DGCL" to shareholder rights.
"DGCL" refers to the Delaware General Corporation Law, which defines the rights of shareholders, including voting rights, dividend entitlements, and procedures for shareholder meetings.
Definition of "DGCL" for corporate dissolution
This definition ties "DGCL" to corporate dissolution.
"DGCL" means the Delaware General Corporation Law, which governs the legal process for the dissolution of corporations incorporated in Delaware.
Definition of "DGCL" for corporate amendments
This definition connects "DGCL" to corporate amendments.
"DGCL" refers to the Delaware General Corporation Law, which provides the legal framework for amending a corporation’s certificate of incorporation, bylaws, and other fundamental documents.
Definition of "DGCL" for fiduciary duties
This definition ties "DGCL" to fiduciary duties.
"DGCL" means the Delaware General Corporation Law, which outlines the fiduciary duties of corporate directors and officers, ensuring they act in the best interests of the corporation and its shareholders.
Definition of "DGCL" as a tool for corporate formation
This definition links "DGCL" to corporate formation.
"DGCL" refers to the Delaware General Corporation Law, which provides the legal structure for incorporating and forming corporations in Delaware.
Definition of "DGCL" for corporate capital structure
This definition connects "DGCL" to capital structure.
"DGCL" means the Delaware General Corporation Law, which sets forth the rules regarding the creation, issuance, and management of corporate stock and other securities.
Definition of "DGCL" as a procedural guide
This definition ties "DGCL" to procedural guides.
"DGCL" refers to the Delaware General Corporation Law, which serves as a procedural guide for corporate governance, operations, and transactions in Delaware-incorporated companies.
Definition of "DGCL" for corporate transactions
This definition connects "DGCL" to corporate transactions.
"DGCL" means the Delaware General Corporation Law, which governs corporate transactions such as mergers, asset sales, and changes in shareholder structure in Delaware corporations.
Definition of "DGCL" for director and officer responsibilities
This definition links "DGCL" to director and officer responsibilities.
"DGCL" refers to the Delaware General Corporation Law, which sets forth the duties and responsibilities of corporate directors and officers, including their roles in decision-making, oversight, and shareholder protection.
Definition of "DGCL" for corporate elections
This definition ties "DGCL" to corporate elections.
"DGCL" means the Delaware General Corporation Law, which governs the election of corporate directors, including procedures for shareholder nominations and voting.
Definition of "DGCL" for business judgment rule
This definition connects "DGCL" to the business judgment rule.
"DGCL" refers to the Delaware General Corporation Law, which codifies the business judgment rule, providing legal protection to directors making informed business decisions in good faith.
Definition of "DGCL" for shareholder meetings
This definition ties "DGCL" to shareholder meetings.
"DGCL" means the Delaware General Corporation Law, which sets forth the legal requirements for calling, conducting, and voting in shareholder meetings for Delaware corporations.
Definition of "DGCL" for stockholder approval
This definition links "DGCL" to stockholder approval.
"DGCL" refers to the Delaware General Corporation Law, which governs the requirements for stockholder approval in corporate transactions, such as mergers, acquisitions, and significant corporate changes.
Definition of "DGCL" for indemnification provisions
This definition connects "DGCL" to indemnification.
"DGCL" means the Delaware General Corporation Law, which includes provisions that allow corporations to indemnify directors and officers against certain liabilities incurred in their roles.
Definition of "DGCL" for corporate governance best practices
This definition ties "DGCL" to corporate governance best practices.
"DGCL" refers to the Delaware General Corporation Law, which is widely regarded as a model for corporate governance best practices and serves as a benchmark for companies nationwide.
Definition of "DGCL" for public company regulations
This definition links "DGCL" to public company regulations.
"DGCL" means the Delaware General Corporation Law, which provides the regulatory framework for public companies incorporated in Delaware, addressing shareholder rights, corporate structures, and operational procedures.
Definition of "DGCL" for stockholder litigation
This definition connects "DGCL" to stockholder litigation.
"DGCL" refers to the Delaware General Corporation Law, which outlines procedures for stockholder derivative actions, fiduciary duty claims, and other legal disputes involving Delaware corporations.
Definition of "DGCL" for corporate liability
This definition ties "DGCL" to corporate liability.
"DGCL" means the Delaware General Corporation Law, which governs corporate liability and provides protections for directors and officers against certain legal actions.
Definition of "DGCL" for shareholder proposals
This definition connects "DGCL" to shareholder proposals.
"DGCL" refers to the Delaware General Corporation Law, which establishes the rights of shareholders to propose actions or policies to be considered by the board and other stockholders.
Definition of "DGCL" for alternative dispute resolution
This definition links "DGCL" to alternative dispute resolution.
"DGCL" means the Delaware General Corporation Law, which permits corporations to include alternative dispute resolution mechanisms in their governance documents to resolve shareholder or corporate disputes.
Definition of "DGCL" for corporate bylaws
This definition ties "DGCL" to corporate bylaws.
"DGCL" refers to the Delaware General Corporation Law, which provides the legal foundation for creating, amending, and interpreting corporate bylaws for Delaware corporations.
Definition of "DGCL" for corporate stock issuance
This definition connects "DGCL" to corporate stock issuance.
"DGCL" means the Delaware General Corporation Law, which outlines the procedures and requirements for the issuance and regulation of corporate stock in Delaware corporations.
Definition of "DGCL" for corporate recordkeeping
This definition links "DGCL" to corporate recordkeeping.
"DGCL" refers to the Delaware General Corporation Law, which mandates recordkeeping requirements for Delaware corporations, including the maintenance of shareholder registers and minutes of meetings.
Definition of "DGCL" for corporate litigation
This definition connects "DGCL" to corporate litigation.
"DGCL" means the Delaware General Corporation Law, which governs the procedures for corporate litigation, including claims related to mergers, acquisitions, and director actions in Delaware corporations.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.