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Corporations can vote in some Delaware elections, judge says

news.bloomberglaw.com

11–20 of 269 posts

Re: Corporations can vote in some Delaware elections, judge says

#11
post #9

This sounds completely absurd. What's stopping me from starting up a bunch of LLCs or Trusts to rig the vote?

It sounds like you it's only corporations that own property in the town that get to vote. So that's probably whats preventing you.

Wonder how long it is before there's a vote to allow the sale of inch-square lots.

Re: Corporations can vote in some Delaware elections, judge says

#16
post #12

It's specifically about corporations that own property in a specific town voting. So no you can't just spin up a bunch of LLCs to rig an election, this is about the rights of absentee landlords.

> So no you can't just spin up a bunch of LLCs to rig an election…

Sure you can. You just have to sell them some land as part of it.

Re: Corporations can vote in some Delaware elections, judge says

#19

This sounds completely absurd. What's stopping me from starting up a bunch of LLCs or Trusts to rig the vote?

Read the opinion.

> I appreciate that Plaintiff may disagree with Delaware’s policy of authorizing certain municipalities to allow voting on behalf of entity property owners. Visions of faceless large corporations or even HAL, 55 controlling a small town are frightening and the stuff of science fiction. However, Plaintiff has not demonstrated that this policy violates the principle of one person/entity/one vote.

Re: Corporations can vote in some Delaware elections, judge says

#20

You can register a corporation in Delaware for $109. The Town of Fenwick Island mentioned here has a population of 400. It's high noon for this matter, & about time to start repealing corporate rights. The undoing of this travesty should be a federal project. But hopefully Delaware can course correct themselves, and reverse the mega-threat to humanity they have been unleashing. At least states like Hawaii are heading…

Doing this at scale might be even cheaper than that. A Delaware Series LLC is $300/year, which then lets you make an unlimited number of independent legal entities. You don't even have to file paperwork with the state to create these new entities, just your own internal bookkeeping. Although presumably you'd have to file paperwork to transfer them a tiny sliver of real estate ($$), register to vote (free), and to actually vote (free).
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