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DE HB328

Bill

Status

Passed

7/15/2014

Primary Sponsor

Rebecca Walker

Click for details

Origin

House of Representatives

147th General Assembly

AI Summary

  • Requires limited partnerships to provide communications contacts with the name, business address, and telephone number of a person with access to partner records upon written request.

  • Clarifies that non-partners may consent to partnership matters in advance, with consent becoming effective only when they become partners.

  • Permits limited partners to request partnership books and records through attorneys or agents, and requires partnerships to maintain current records identifying all partners and their addresses.

  • Extends the same advance consent provisions to general partners, allowing non-partners to consent to matters contingent on their future partnership status.

  • Expands dissolution revocation procedures by allowing partnerships to revoke dissolution through various voting thresholds depending on which partners remain, rather than requiring unanimous consent.

Legislative Description

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.

Last Action

Signed by Governor

7/15/2014

Committee Referrals

Judiciary6/11/2014
Judiciary5/7/2014

Full Bill Text

No bill text available