Small Business Reading Room


Thursday, October 08, 2009

Delaware Corporate Legislation Tracker

Just when you thought it was safe to relax...

The Delaware Corporate Legislation Tracker is a free service, designed to keep you up to date on current and pending legislation related to Delaware Corporate rules and regulations. Here is the latest installment:

The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 10/05/2009:

HB 232
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO DEBT MANAGEMENT SERVICES..

Synopsis: This Bill clarifies that the Debt Management Services Act is intended to regulate providers who negotiate terms or concessions related to an individual’s unsecured debt. Businesses offering to negotiate modification of mortgage loans on behalf of individuals with homes in foreclosure are required to comply with provisions of the “Mortgage Rescue Fraud Protection Act” in 6 Del. C. Chapter 24B.

History:

    Oct 05, 2009 - Signed by Governor

    Jun 30, 2009 - Passed by Senate. Votes: Passed 18 YES 0 NO 0 NOT VOTING 2 ABSENT 1 VACANT

    Jun 30, 2009 - Necessary rules are suspended in Senate

    Jun 18, 2009 - Passed by House of Representatives.
    Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT

    Jun 17, 2009 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 2 Favorable, 5 On Its Merits

    Jun 16, 2009 - Introduced in House and assigned to Economic Development/Banking/Insurance/Commerce Committee

    Jun 16, 2009 - Assigned to Economic Development/Banking/Insurance/Commerce Committee in House





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