Richards Layton & Finger
 

Amendments to the Delaware Uniform Common Interest Ownership Act

August 17, 2015

Governor Markell signed into law Senate Bill No. 5, as amended, on August 13, 2015. This legislation adds the Benjamin Kuntz Act to the Delaware Uniform Common Interest Ownership Act (“DUCIOA”), authorizing any common interest community created before DUCIOA’s 2009 effective date to amend its governing documents in order to comply with DUCIOA. In particular, a community can select only specific provisions of DUCIOA for its governance rather than adopting the entire statute. The legislation became effective when signed.

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