Synopsis
This bill would allow insurance companies to invest in real estate through long-term leaseholds. In the United Kingdom, Europe, and other international places real estate is held not in fee simple (like the US) but in long-term land leases. This statutory change would allow companies domesticated in Delaware to invest in the real estate market in those places. Delaware would not be the first state to make this change.
Documents
Legislation
HB 168 — Session Law
Legislation
HS 1 for HB 168 — Session Law
Fiscal Note
HB 168 -HA 1 — Fiscal Note/Fee Impact
Fiscal Note
HS 2 for HB 168 w/ HA 1 — Fiscal Note/Fee Impact
Legislation
HS 2 for HB 168 w/ HA 1 — Session Law