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DE SB276

Bill

Status

Passed

7/27/2022

Primary Sponsor

Kyle Gay

Click for details

Origin

Senate

151st General Assembly

AI Summary

  • Clarifies that partnership agreements may consist of multiple documents, schedules, supplements, or instruments that together govern partnership business and affairs.

  • Modifies the oath requirement for filing statements or certificates to reference the truth of facts "at the time such statement or certificate becomes effective" rather than at the time of execution.

  • Confirms that signatures on certificates of partnership interest may be manual, facsimile, or electronic signatures.

  • Requires approval of entity conversions to partnerships and domestications of non-United States entities to occur prior to the certificate becoming effective, not prior to filing.

  • Effective date: August 1, 2022.

Legislative Description

An Act To Amend Chapter 15, 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.

Last Action

Signed by Governor

7/27/2022

Committee Referrals

Judiciary5/13/2022
Judiciary4/28/2022

Full Bill Text

No bill text available