SENATE BILL NO. 279
AN ACT TO AMEND CHAPTER 1, TITLE 8 OF THE DELAWARE CODE RELATING TO RECORDING OF CORPORATE FILINGS AND RELATED FEES.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §103(c)(4), Title 8 of the Delaware Code by deleting said paragraph in its entirety and substituting in lieu thereof the following:
"The Secretary of State shall collect and disperse to the counties any documents and related county fees for the recording of corporate filings. An administrative charge of one percent of the total county fees shall be retained by the State."
Section 2. Amend §103(c)(5), Title 8 of the Delaware Code by deleting the phrase "The copy of the instrument so certified by" and substituting in lieu thereof the phrase "A copy of the instrument filed with".
Section 3. Amend §103(c)(6), Title 8 of the Delaware Code by deleting the word "certified" as it appears in said paragraph.
Section 4. Amend §103(d), Title 8 of the Delaware Code by deleting the second sentence of said subsection.
Section 5. This Act shall become effective July 1, 1992.
Approved February 11, 1992.