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DE SB76
Bill
Status
7/6/2009
Primary Sponsor
Edward Bennett
Click for details
AI Summary
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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.
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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.
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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.
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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.
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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