Small Business Reading Room


Friday, June 21, 2013

The legislative session in Dover will be wrapping up soon- you had better know what is happening in Delaware Corporate Law!

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

Here's the latest edition:


The following Legislation affecting Title 12 - Decedents' Estates and Fiduciary Relations, Title 18 - Insurance Code, and Title 25 - Property was acted upon by the General Assembly on 6/20/2013:




SB 138 w/SA 1, SA 2
Title: AN ACT TO AMEND TITLES 12, 18, AND 25 OF THE DELAWARE CODE RELATING TO FIDUCIARY RELATIONS, INSURANCE, AND PROPERTY.

Synopsis:
This bill proposes changes to Estate Law in Delaware.

Bill History:

Jun 20, 2013 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Amendment SA 2 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Amendment SA 1 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Reported Out of Committee (BANKING) in Senate with 4 On Its Merits
Jun 20, 2013 - Amendment SA 2 - Introduced and Placed With the Bill in Senate
Jun 18, 2013 - Amendment SA 1 - Introduced and Placed With the Bill in Senate
Jun 14, 2013 - Assigned to Banking Committee in Senate



The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 6/18/2013:




HB 123
Title:  AN ACT TO AMEND 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:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House





HB 124
Title:  AN ACT TO AMEND 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:

Jun 18, 2013 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House


The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 6/04/2013:




HB 126
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.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House



The following Legislation affecting Title 8 - Corporations was acted upon by the General Assembly on 6/18/2013:




HB 127
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.


Synopsis:
This bill continues the practice of amending periodically the Delaware General Corporation Law (the "DGCL") to keep it current and to maintain its national preeminence.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House







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