Delaware HB40 amends trade name registration laws, including fees and penalties for false affidavits.

Delaware HB40 amends the Delaware Code to modify the registration process for trade names. It establishes a special trade name license for corporations and limited liability companies, requiring a $25 fee for a one-year license. The Division of Revenue is tasked with maintaining a Delaware Trade Name Registry, collecting fees, and implementing regulations. The bill also imposes penalties for false affidavits and sets a fee of $25 for filing certificates. The changes take effect on February 1, 2025.

Delaware HB40 amends trade name registration laws, including fees and penalties for false affidavits.

Delaware HB40 amends the Delaware Code to modify the registration process for trade names. It establishes a special trade name license for corporations and limited liability companies, requiring a $25 fee for a one-year license. The Division of Revenue is tasked with maintaining a Delaware Trade Name Registry, collecting fees, and implementing regulations. The bill also imposes penalties for false affidavits and sets a fee of $25 for filing certificates. The changes take effect on February 1, 2025.