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An Act to Amend 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.

It became law on Jul 17, 2023.

DE SB 115 · Senate Bill · 152

Stage
Became law
Started in
Senate
Sponsors
15
Latest action
Jul 17, 2023

What it does

This Act continues the practice of amending periodically the Delaware Revised Uniform Partnership Act (the “GP Act”) to keep it current and to maintain its national preeminence. The following is a section-by-section review of the proposed amendments to the GP Act:\r Section 1 amends § 15-101 of the GP Act (i) to add a new definition of “foreign partnership,” which term appears in the GP Act, and (ii) to fix a typographical error. \r Section 2 adds a new § 15-208 to the GP Act to clarify that a subscription for a partnership interest may be irrevocable if the subscription states it is irrevocable to the extent provided by the terms of the subscription.\r Section 3 amends § 15-902(g) of the…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 17, 2023

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Delaware.

Work with this bill

AN ACT TO AMEND 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. | 52