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how does the new general corporations law in delaware affects Gps?

Client Alerts Aug. 01, 2024

Delaware Governor Signs Into Law Amendments to Delaware’s General Corporation Law



how does the new general corporations law in delaware affects Gps, Mancos or LPs?
1 See in Base
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As it pertains to venture capital, General Partner entities, Management Companies, and Limited Partnerships would generally not be affected. These entities usually do not fall under the General Corporation Law because they are typically not corporations.

Rather they are limited liability companies and limited partnerships, which are governed by different parts of the Delaware Code. 

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