By-Laws (DE Corporation): Emergency By-Laws | Practical Law

By-Laws (DE Corporation): Emergency By-Laws | Practical Law

Standard clauses for the by-laws of a Delaware for-profit, nonstock, or nonprofit nonstock corporation granting the board of directors powers to continue its operations during an emergency, such as an earthquake, flood, fire, or pandemic (such as COVID-19). It addresses changes to the quorum and notice requirements for board meetings, director immunity from liability, and the permissible actions of the board under emergency by-laws. This Standard Clause has integrated notes with important explanations and drafting tips.

By-Laws (DE Corporation): Emergency By-Laws

Practical Law Standard Clauses w-032-8669 (Approx. 10 pages)

By-Laws (DE Corporation): Emergency By-Laws

by Practical Law Corporate & Securities
MaintainedDelaware, USA (National/Federal)
Standard clauses for the by-laws of a Delaware for-profit, nonstock, or nonprofit nonstock corporation granting the board of directors powers to continue its operations during an emergency, such as an earthquake, flood, fire, or pandemic (such as COVID-19). It addresses changes to the quorum and notice requirements for board meetings, director immunity from liability, and the permissible actions of the board under emergency by-laws. This Standard Clause has integrated notes with important explanations and drafting tips.