# 8 Del. C. § 508: § Â 508. Injunction against exercise of franchise or transacting business

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S508

## Section

- **Citation:** 8 Del. C. § 508
- **Heading:** § Â 508. Injunction against exercise of franchise or transacting business
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 8 / Chapter 5 / Section 508

## Text

The Attorney General, either of the Attorney General’s own motion or upon request of the Secretary of State, whenever any franchise tax due under this chapter from any corporation shall have remained in arrears for a period of 3 months after the tax shall have become payable, may apply to the Court of Chancery, by petition in the name of the State, on 5 days’ notice to the corporation, which notice may be served in such manner as the Court may direct, for an injunction to restrain the corporation from the exercise of any franchise or the transaction of any business within the State, until the payment of the tax, interest due thereon and the cost of the application, which shall be fixed by the Court. The Court of Chancery may grant the injunction, if a proper case appears, and upon granting and service of the injunction, the corporation thereafter shall not exercise any franchise or transact any business within this State until the injunction shall be dissolved.

## Nearby sections

- [8 Del. C. § 501 § Â
        501. Corporations subject to and exempt from franchise tax.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S501.md)
- [8 Del. C. § 502 § Â
        502. Annual franchise tax report; contents; failure to file and pay tax; duties of Secretary of State.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S502.md)
- [8 Del. C. § 503 § Â
        503. Rates and computation of franchise tax.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S503.md)
- [8 Del. C. § 504 § Â
        504. Collection and disposition of tax; tentative return and tax; penalty interest; investigation of annual franchise tax report; notice of additional tax due.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S504.md)
- [8 Del. C. § 505 § Â
        505. Review and refund; jurisdiction and power of the Secretary of State; appeal.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S505.md)
- [8 Del. C. § 506 § Â
        506. Fund for payment of refunds.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S506.md)
- [8 Del. C. § 507 § Â
        507. Collection of tax; preferred debt.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S507.md)
- [8 Del. C. § 508 § Â
        508. Injunction against exercise of franchise or transacting business.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S508.md)
- [8 Del. C. § 509 § Â
        509. Further remedy in Court of Chancery; appointment of receiver or trustee; sale of property.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S509.md)
- [8 Del. C. § 510 § Â
        510. Failure to pay tax or file a complete annual report for 1 year; charter void; extension of time.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S510.md)
- [8 Del. C. § 511 § Â
        511. Repeal of charters of delinquent corporations; report to Governor and proclamation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S511.md)
- [8 Del. C. § 512 § Â
        512. Filing and publication of proclamation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S512.md)
- [8 Del. C. § 513 § Â
        513. Acting under proclaimed charter; penalty.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S513.md)
- [8 Del. C. § 514 § Â
        514. Mistakes in proclamation; correction.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S514.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T8_C5_S508. Check the current official text before relying on it. Not legal advice.