IMMEDIATE RELEASE | March 12, 2025
Contact: Sarah Fulton (302) 401-1114
DOVER — Senator Darius Brown, Chair of the Senate Judiciary Committee, released the following statement Wednesday afternoon:
“Today, the Delaware Senate Judiciary Committee took a significant step in reaffirming our state’s leadership in corporate law by releasing Senate Bill 21 from committee.. This legislation underscores Delaware’s unwavering commitment to maintaining its status as the premier jurisdiction for corporate incorporation. Delaware’s legal framework has long been a cornerstone of stability, efficiency, and reliability for corporations worldwide.
The recommendations from the Delaware Bar and Corporate Legal Counsel were instrumental in shaping this legislation and guiding our decision. Their expertise and insight ensured that SB21 reflects the evolving needs of modern businesses while preserving the principles that have made Delaware’s corporate legal environment a gold standard.
As we move forward, we urge Governor Meyer and our colleagues in the Delaware House of Representatives to join us in supporting SB21. Together, we can ensure that Delaware remains a beacon of innovation and excellence in corporate governance, fostering an environment where businesses can thrive while contributing to the prosperity of our state.”
Senator Darius Brown of New Castle is the only African American man serving in the Delaware State Senate. He is a member of the Joint Finance Committee which appropriates the over $7B state budget, Banking, Business, Insurance & Technology Committee and the Chair of the Judiciary Committee maintaining Delaware’s business court and corporate franchise as the best in the country generating a third of the states’ revenue.
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