House Bill 372 (Chapter 271) signed by the governor June 22 and effective August 1 amends the Limited Liability Company Act to provide for automatic admission of assignees to single member LLCs;  elimination of the default rule for approvals or consents to be in writing; service of process on a series of a series LLC;  and cross-collateralization and cross-default by a series of a series LLC.

Delaware – Amendments to the Limited Liability Company Act