US EditionWhat Senate Bill 21 Means for Delaware Corporations - Varnum LLP
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What Senate Bill 21 Means for Delaware Corporations - Varnum LLP
On March 25, 2025, Delaware Governor Matt Meyer signed Senate Bill 21 into law, effecting significant changes to the General Corporation Law of the State of Delaware (DGCL), the statutory law governing Delaware corporations. With over two-thirds of Fortune 500 companies domiciled in Delaware, it continues to be the preferred state of incorporation for businesses drawn to its modern statutory law, renowned Court of Chancery, and developed case la…
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