DEL LEG Limited Liability Companies

Updated on: Jul 9, 2025

Latest Event


  • Jun. 2025 DEL LEG Governor Approval
  • On Jun. 30, 2025, DEL LEG reported governor signed bill, effective Aug. 1, 2025.
  • Document dated Jun. 30, 2025, received from DEL LEG Jul. 4, summarized on Jul. 9.

On Jun. 25, DEL LEG passed bill amending LLC regulations, provisions.

  • DEL LEG passed bill SB 98 amending Delaware Limited liability company act (LLC Act).
  • Part of periodic amendments to keep it current and maintain its national preeminence.
  • Amends DEL LEG 6-18-I-104, DEL LEG 6-18-I-106, DEL LEG 6-18-II-203 and others.
  • Bill Provisions
  • Specifies that a registered agent may not perform its duties or functions solely through use of a virtual office, the retention by the agent of a mail forwarding service, or both.
  • Provide that ratification, waiver pursuant to DEL LEG 6-18-I-106(e) may be express or implied, including by statements, action, inaction, acquiescence of member, manager.
  • Clarifies that in a circumstance in which notice of ratification or waiver required to be given, the giving of notice is not a condition to effectiveness of ratification or waiver.
  • Confirms that a certificate of correction may also nullify a certificate of cancellation.
  • A certificate of formation must be attached to certificate of consolidation for a consolidation in which the resulting entity from such consolidation is a domestic LLC.
  • Limited liability company agreement may be amended in connection with a division of limited liability company and merger of registered series of a limited liability company.
  • When the existence of a company or registered series ceases by filing of certificate under LLC Act, full amount of annual tax for calendar year is due, payable before filing.
  • Legislative History
  • On Apr. 8, 2025, bill was introduced in Senate; on May 6, 2025, bill passed Senate.
  • On May 7, 2025, bill was introduced in House; on Jun. 25, 2025, bill passed House.
  • Effectiveness
  • If enacted, bill provisions become effective on Aug. 1, 2025.
  • Jun. 2025 DEL LEG Governor Approval
  • On Jun. 30, 2025, DEL LEG reported governor signed bill, effective Aug. 1, 2025.
  • Document dated Jun. 30, 2025, received from DEL LEG Jul. 4, summarized on Jul. 9.
Regulators
DEL LEG
Entity Types
Corp
Reference
Act, 6/30/2025; Bill SB98, 6/25/2025; Citation: *DEL LEG* 6-18-I-104, 6-18-I-106, 6-18-II-203;
Functions
Compliance; Legal; Operations; Registration/Licensing; Tax
Countries
United States of America
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Jun 25, 2025
Effective Date
Aug 1, 2025
Rule ID
260231
Linked to
N/A
Reg. Last Update
Jun 30, 2025
Report Section
US Consumer