The point of Delaware was that it's corpus of laws favored the Board and "protecting shareholder investments." Thus, Delaware has prohibitions on undisclosed se

The point of Delaware was that it's corpus of laws favored the Board and "protecting shareholder investments." Thus, Delaware has prohibitions on undisclosed self-dealing and other shenanigans. The point of Texas and Nevada is that the laws favor the C-suite and expressly disfavor external shareholders. They have no restrictions on unethical behavior; it's why billionaire tech bros love them so much.