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HB 339 DE
Became Law

AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE DELAWARE REVISED UNIFORM PARTNERSHIP ACT.

DE · session 152 · Assembly / House · bill

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Introduced Mar 7, 2024

Latest action (May 30, 2024) Signed by Governor

Summary

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: Section 1 amends § 15-902 of the GP Act to permit a certificate of merger or a certificate of ownership and merger to state any amendments to the statement of partnership existence of a surviving domestic partnership in a merger (and in the case of a surviving domestic partnership that is a limited liability partnership, to the statement of qualification of such surviving domestic partnership) as are desired to be effected by the merger. This section also amends § 15-902 of the GP Act to require a domestic partnership that is causing a merger under § 15-902(m) of the GP Act to file a statement of partnership existence (if it has not already filed a statement of partnership existence). Section 2 provides that the amendments to the GP Act take effect on August 1, 2024. This Act requires a greater than majority vote for passage because § 11 of Article VIII of the Delaware Constitution requires the affirmative vote of three-fifths of the members elected to each house of the General Assembly to impose or levy a tax or license fee.

Sponsors (13)

Action history (7)

  1. Mar 7, 2024 Introduced and Assigned to Judiciary Committee in House · lower
  2. Mar 27, 2024 Reported Out of Committee (Judiciary) in House with 8 On Its Merits · lower
  3. Apr 23, 2024 Passed By House. Votes: 38 YES 3 ABSENT · lower
  4. Apr 23, 2024 Assigned to Judiciary Committee in Senate · upper
  5. May 8, 2024 Reported Out of Committee (Judiciary) in Senate with 5 On Its Merits · upper
  6. May 16, 2024 Passed By Senate. Votes: 20 YES 1 ABSENT · upper
  7. May 30, 2024 Signed by Governor · executive

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