Richards Layton & Finger
 

2012 Amendments to the General Corporation Law of the State of Delaware

August 2012

Legislation amending the General Corporation Law of the State of Delaware (DGCL) was adopted by the Delaware General Assembly and was signed by the Governor of the State of Delaware on June 29, 2012. Most of the amendments to the DGCL became effective on August 1, 2012, while the remaining amendments will become effective on August 1, 2013. The DGCL amendments are designed to keep Delaware law current and address issues raised by practitioners, the judiciary, and legislators with respect to the current language or interpretation of the DGCL.