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Apr. 20, 2026

Delaware fights to keep its corporate crown

Delaware is fighting to defend its corporate incorporation dominance with new legislation and court rulings as Texas and Nevada lure away companies in a growing "DExit" trend.

Delaware is pushing back.

Long the dominant jurisdiction for corporate incorporation, the state is moving aggressively to defend its position against rising competition from Texas and Nevada -- two states courting companies to reincorporate.

At the center of Delaware's response is SB 21, a law designed to limit shareholder access to corporate books and records in support of potential litigation. The legislation also narrows the definition of who qualifies as a control...

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