Delaware — Senate Bill 90, effective August 1, 2019, amends the partnership law (including LLPs) regarding definitions; names; registered agent resignations; electronic documentation, signatures and transmission of documents; records maintenance and document ordering fees.

Delaware — Senate Bill 89, effective August 1, 2019, amends the LP law regarding a variety of topics including names; name reservation; registered agent resignations; voluntary and judicial cancellation; electronic documentation, signatures and transmission of documents; liability for false statement; protected series of limited partners, general partners, partnership interests or assets; registered series thereof; division of LPs; creation of public benefit LPs; filing and…

Delaware — Senate Bill 88, generally effective August 1, 2019, (i) amends the General Corporation Law regarding a variety of topics including organization meetings; electronic documentation, signatures and transmission of documents, notices, consents and demands; registered agent resignations; exceptions to notice to stockholders or members; agreements of merger; revival of exempt corporations; and document ordering fees; and (ii) effective for tax year beginning on January…

Illinois — Illinois’ Budget Bill (Senate Bill 689) provides for the establishment of an amnesty program for all taxpayers owing any franchise tax or license fee imposed by Article 15 of the Business Corporation Act. The amnesty program will be for a period between October 1, 2019 and November 15, 2019 and will apply to franchise tax or license fee liability for any tax period ending after March 15, 2008 and on or before June 30, 2019.

Connecticut — Senate Bill 1083, effective July 1, 2019, amends the trade name law regarding contents of trade (assumed) name registration filings and State record keeping; and effective January 1, 2020, amends the business and nonprofit corporation laws regarding due dates of Initial Reports and Annual Reports, and further amends all of the entity laws regarding Annual Report contents and administrative dissolution or cancellation and foreign revocation.

Rhode Island Adds New Grounds for Revoking Domestic and Foreign Corporations and LLCs

South Dakota — House Bill 1202, effective July 1, 2019, amends the business corporation act to revise the number of qualified directors needed to approve certain conflict of interest transactions.

Hawaii — House Bill 944, effective June 7, 2019, amends the Nonprofit Corporations Act concerning the purchase of memberships, consents, and officers’ duties.

Washington — Senate Bill 5003, effective July 28, 2019, amends the Business Corporation Act regarding definitions, articles of incorporation, shareholder preemptive rights, cumulative shareholder voting, bylaws of publicly held companies and sale of assets.

Washington — Senate Bill 5002, effective July 28, 2019, amends the Corporations and Associations (Profit) title by authorizing the creation of limited cooperative associations with conforming amendments to the Business Organizations Code regarding definitions and entity names.