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DE HB327

Bill

Status

Passed

7/15/2014

Primary Sponsor

Rebecca Walker

Click for details

Origin

House of Representatives

147th General Assembly

AI Summary

  • Requires limited liability companies to provide their communications contact with the name, business address, and telephone number of a person with access to member and manager records upon written request.

  • Allows non-members and non-managers to consent in advance to LLC matters, with such consent becoming effective only when they later become a member or manager.

  • Clarifies that LLC members may request books and records through an attorney or agent, and requires LLCs to maintain a current record of all members' and managers' names and addresses.

  • Expands procedures for revoking LLC dissolution by allowing revocation through various methods based on the type of dissolution event, including through personal representatives or assignees of all LLC interests.

  • Effective date: August 1, 2014.

Legislative Description

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.

Last Action

Signed by Governor

7/15/2014

Committee Referrals

Judiciary6/11/2014
Judiciary5/7/2014

Full Bill Text

No bill text available