Delaware Governor Signs Bill to Prevent Corporate Exodus

The state makes significant revenues from business incorporations, making it economically critical to prevent any mass exits and fallouts.

The Delaware Legislative Hall, the state capitol building in Dover, Del., on March, 4 2024. Kent Nishimura/Getty Images

Delaware Gov. Matt Meyer signed a bill into law March 26 that amends certain corporate laws as the state moves to ensure it remains attractive to incorporating businesses.

The state House passed Senate Bill 21 by a vote of 32–7 the day prior. The bill is “aimed at ensuring the state remains the premier home for U.S. and global businesses,” the governor’s office said in a March 26 statement.