Delaware HB352 amends the Delaware Limited Liability Company Act to allow for the establishment of designated series within limited liability.
Delaware HB352 amends Title 6 of the Delaware Code to allow a limited liability company agreement to establish one or more designated series of members, managers, limited liability company interests, or assets. Each series can have separate rights, powers, duties, business purposes, or investment objectives. The Act takes effect on August 1, 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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