Small Business Reading Room


Friday, July 15, 2011

The Delaware Corporate Legislation Tracker

Stay on top of proposed legislative changes to the DGCL and important issues related to business in Delaware!

The Delaware Corporate Legislation Tracker is a free service, designed to keep you informed on current and pending legislation related to Delaware Corporate rules and regulations.

Here's what has happened since July 1st, 2011:


The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 77/2011:

SB 95
Title: AN ACT TO AMEND CHAPTER 17, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED PARTNERSHIPS.



Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.


Bill History:

History: Jul 07, 2011 - Signed by Governor

Jun 23, 2011 - Passed by House of Representatives. Votes: Passed 41 YES
0 NO 0 NOT VOTING 0 ABSENT 0 VACANT

Jun 15, 2011 - Reported Out of Committee (JUDICIARY) in House with 8 On Its Merits

Jun 07, 2011 - Introduced and Assigned to Judiciary Committee in House

Jun 02, 2011 - Passed by Senate.
Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT

Jun 01, 2011 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits

May 31, 2011 - Assigned to Judiciary Committee in Senate



The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 7/7/2011:

SB 74
Title: AN ACT TO AMEND CHAPTER 15, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY PARTNERSHIPS



Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.


Bill History:

History: Jul 07, 2011 - Signed by Governor

Jun 23, 2011 - Passed by House of Representatives. Votes: Passed 41 YES
0 NO 0 NOT VOTING 0 ABSENT 0 VACANT

Jun 15, 2011 - Reported Out of Committee (JUDICIARY) in House with 9 On Its Merits

Jun 07, 2011 - Introduced and Assigned to Judiciary Committee in House

Jun 02, 2011 - Passed by Senate.
Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT

Jun 01, 2011 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits

May 05, 2011 - Assigned to Judiciary Committee in Senate


The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 7/7/2011:

SB 76
Title: AN ACT TO AMEND CHAPTER 18, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED LIABILITY COMPANIES AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY COMPANIES.



Synopsis:
This bill continues the practice of amending periodically the Delaware Limited Liability Company Act (the "Act") to keep it current and to maintain its national preeminence. The following is a section-by-section review of the proposed amendments of the Act.


Bill History:

History: Jul 07, 2011 - Signed by Governor

Jun 23, 2011 - Passed by House of Representatives.
Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT

Jun 15, 2011 - Reported Out of Committee (JUDICIARY) in House with 9 On Its Merits

Jun 07, 2011 - Introduced and Assigned to Judiciary Committee in House

Jun 02, 2011 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT
VOTING 1 ABSENT 0 VACANT

Jun 01, 2011 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits

May 05, 2011 - Assigned to Judiciary Committee in Senate



The following Legislation affecting Title 8 - Corporations was acted upon by the General Assembly on 7/7/2011:

SB 77
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.



Synopsis:
This bill give the Division of Corporations the discretion to waive the requirement that a corporation’s name contain certain words or abbreviations thereof (such as “incorporated”), if the corporation is both a nonprofit nonstock corporation and an association of professionals. It also amends several other sections of the DGCL.


Bill History:

History: Jul 07, 2011 - Signed by Governor

Jun 23, 2011 - Passed by House of Representatives.
Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT

Jun 15, 2011 - Reported Out of Committee (JUDICIARY) in House with 8 On Its Merits

Jun 07, 2011 - Introduced and Assigned to Judiciary Committee in House

Jun 02, 2011 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT
VOTING 1 ABSENT 0 VACANT

Jun 01, 2011 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits

May 05, 2011 - Assigned to Judiciary Committee in Senate




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