DEL LEG Statement of Partnership

On May 16, DEL LEG passed bill on domestic partnership in a merger.

  • DEL LEG passed HB 339, relating to the Delaware revised uniform partnership act.
  • Amends DEL LEG 6-II-15-IX-902 (merger or consolidation) re surviving partnership.
  • Bill Provisions
  • Continues the practice of amending periodically the Delaware Revised Uniform Partnership Act (GP Act) to keep it current and to maintain its national preeminence.
  • Permits a certificate of merger or a certificate of ownership and merger to state amendments to statement of partnership existence of surviving domestic partnership.
  • In the case of a surviving domestic partnership that is a limited liability partnership, to the statement of qualification of such surviving domestic partnership in a merger.
  • Requires a domestic partnership that is causing a merger to file a statement of partnership existence (if it has not already filed a statement of partnership existence).
  • Legislative History
  • On Mar. 7, 2024, bill was introduced in House; on Apr. 23, 2024 bill passed in House.
  • On Apr. 23, 2024, bill was introduced in Senate; on May 16, 2024 bill passed Senate.
  • Effectiveness
  • This act takes effect on Aug. 1, 2024.
  • May 2024 DEL LEG Governor Approval
  • On May 30, 2024, DEL LEG reported bill approval by governor, effective Aug. 1, 2024.
  • Bill HB 339 entered session law as Volume 84, Chapter 269, Advisory No. 36.

Regulators DEL LEG
Entity Types Corp
Reference Vol. 84 Ch. 269 Adv. 36, 5/30/2024; Bill HB339, 5/16/2024; Citation: DEL LEG 6-II-15-IX;
Functions BCS; Compliance; Legal; Operations
Countries United States of America
Products Corporate
Regions Am
Rule Type Final
Rule Date 5/16/2024
Effective Date 8/1/2024
Rule Id 212555
Linked to N/A
Reg. Last Update 5/30/2024
Report Section US Consumer

Last substantive update on 06/05/2024