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Senate Bill S1667

2009-2010 Legislative Session

Eliminates certain publication requirements for limited liability companies and limited liability partnerships; repealer

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Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee

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2009-S1667 (ACTIVE) - Details

See Assembly Version of this Bill:
A4496
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1006, 1101 & 209, rpld §206, Lim Lil L
Versions Introduced in Other Legislative Sessions:
2011-2012: S437, A885
2013-2014: S3259, A942
2015-2016: S4274
2017-2018: S3360

2009-S1667 (ACTIVE) - Summary

Eliminates the requirement that limited liability companies publish their articles of organization and that limited liability partnerships publish their registrations.

2009-S1667 (ACTIVE) - Sponsor Memo

2009-S1667 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 1667                                                  A. 4496

                       2009-2010 Regular Sessions

                      S E N A T E - A S S E M B L Y

                            February 4, 2009
                               ___________

IN SENATE -- Introduced by Sen. KRUEGER -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Corporations,
  Authorities and Commissions

IN  ASSEMBLY -- Introduced by M. of A. KELLNER, BING, GOTTFRIED, JAFFEE,
  LUPARDO, MAGNARELLI --  Multi-Sponsored  by  --  M.  of  A.  BACALLES,
  CROUCH,  ERRIGO, FINCH, GABRYSZAK, ORTIZ, REILLY, SAYWARD -- read once
  and referred to the Committee on Corporations, Authorities and Commis-
  sions

AN ACT to amend the limited liability company law, in relation to publi-
  cation requirements; and to repeal section 206 of the limited  liabil-
  ity company law, relating to affidavits of publication

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The opening paragraph of subdivision (e) of section 1006 of
the limited liability company law, as amended by chapter 375 of the laws
of 1998, is amended to read as follows:
  In connection with any conversion approved under  subdivision  (c)  of
this section, the partnership or limited partnership shall file with the
department  of  state  a  signed  certificate  entitled  "Certificate of
Conversion of ... (name partnership or limited partnership) to ... (name
of limited liability company) under section  one  thousand  six  of  the
Limited  Liability  Company Law" [and shall also satisfy the publication
requirements of section two hundred six of this chapter].  Such  certif-
icate shall include either:
  S 2. Section 206 of the limited liability company law is REPEALED.
  S  3. Subdivision (s) of section 1101 of the limited liability company
law, as amended by chapter 767 of the laws of 2005, is amended  to  read
as follows:
  (s)  For filing a certificate of publication with affidavits of publi-
cation annexed thereto pursuant to  section  [two  hundred  six,]  eight

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04843-01-9

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