Tuesday, April 22, 2014

Proposed Amendments to Delaware’s Business Corporation Act


Proposed Amendments to Delaware’s Business Corporation Act

      The Committee in charge of proposing amendments to the Delaware Business Corporation Act has released its 2014 proposal.  A brief introduction thereto provided by the Morris Nichols firm out of Delaware, to which is linked the text of the proposal, can be accessed through this LINK. 

       Assuming passage (likely a foregone conclusion), the proposed amendments will become effective in August of this year.

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