Delaware HB353 amends the General Corporation Law to revise procedures for amending certificates of incorporation and dissolving corporations.

Delaware HB353 amends Title 8 of the Delaware Code to modify the General Corporation Law. It revises the process for amending the certificate of incorporation, including changes to the authorized number of shares and the conditions under which amendments can be made without a vote. The bill also updates the procedures for dissolving corporations, including the requirement to file a certificate of dissolution and the role of the Secretary of State in accepting service of process. The changes take effect on August 1, 2026.

Delaware HB353 amends the General Corporation Law to revise procedures for amending certificates of incorporation and dissolving corporations.

Delaware HB353 amends Title 8 of the Delaware Code to modify the General Corporation Law. It revises the process for amending the certificate of incorporation, including changes to the authorized number of shares and the conditions under which amendments can be made without a vote. The bill also updates the procedures for dissolving corporations, including the requirement to file a certificate of dissolution and the role of the Secretary of State in accepting service of process. The changes take effect on August 1, 2026.