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DE SB76

Bill

Status

Passed

7/6/2009

Primary Sponsor

Edward Bennett

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Origin

Senate

145th General Assembly

AI Summary

  • Amends Delaware Limited Liability Company Act (Chapter 18, Title 6) to clarify naming requirements, registration procedures, and operational rules for domestic and foreign limited liability companies.

  • Requires registered agent addresses in all filed documents to include street number, city, and postal code; exempts documents filed before August 1, 2011 from compliance requirement.

  • Permits certificates filed under the chapter to have an effective date or time later than filing, with a maximum delay of 180 days after filing for documents filed on or after January 1, 2012.

  • Allows correction of certificates of cancellation filed before dissolution through a certificate of correction process and clarifies simultaneous filing requirements for domestication and conversion certificates.

  • Modifies amendment procedures for limited liability company agreements by establishing a default rule requiring approval of all members when agreement lacks amendment procedures, applicable only to companies formed on or after January 1, 2012; becomes effective August 1, 2011.

Legislative Description

An Act To Amend Title 21 Of The Delaware Code Relating To The Sale Of Motor Vehicles.

Last Action

Signed by Governor

7/6/2009

Committee Referrals

Public Safety & Homeland Security6/18/2009
Public Safety4/30/2009

Full Bill Text

No bill text available