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Assembly Bill A6559

2011-2012 Legislative Session

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

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Archive: Last Bill Status - In Assembly Committee

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2011-A6559 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Rpld §102 subs (a-1) & (e-1), §206, §1101 sub (s), §1203 sub (c) ¶2, amd §§802, 1006 & 1203, Lim Lil L; rpld §121-101 subs (a-1) & (a-2), §121-201 sub (c), §121-902 sub (d), §121-1300 sub (f), amd §§121-1500 & 121-1507, Partn L; rpld §23.03 sub 4, Arts & Cul L

2011-A6559 (ACTIVE) - Summary

Eliminates publication requirements for limited liability companies, limited partnerships and limited liability partnerships.

2011-A6559 (ACTIVE) - Bill Text download pdf

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

                                  6559

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                             March 21, 2011
                               ___________

Introduced by M. of A. CASTELLI -- read once and referred to the Commit-
  tee on Corporations, Authorities and Commissions

AN  ACT  to  amend the limited liability company law and the partnership
  law, in relation to eliminating publication requirements  for  limited
  liability  companies, limited partnerships and limited liability part-
  nerships; and to repeal certain provisions of  the  limited  liability
  company law, the partnership law and the arts and cultural affairs law
  relating thereto

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

  Section 1. Subdivisions (a-1) and (e-1) of section 102 of the  limited
liability company law are REPEALED.
  S 2. Section 206 of the limited liability company law is REPEALED.
  S  3.  Section  802  of the limited liability company law, the opening
paragraph of subdivision (a) as amended by chapter 375 of  the  laws  of
1998,  paragraph  1  of subdivision (a) as amended by chapter 643 of the
laws of 1995, paragraph 4 of subdivision (a) as amended by  chapter  470
of  the laws of 1997 and subdivision (b) as amended by chapter 44 of the
laws of 2006, is amended to read a follows:
  S 802. Application for authority. [(a)] Before doing business in  this
state,  a foreign limited liability company shall apply for authority to
do business in this state by submitting to the department of state [(i)]
(A) a certificate of existence or, if no such certificate is  issued  by
the  jurisdiction  of  formation,  a  certified  copy of the articles of
organization of the limited liability company and all subsequent  amend-
ments  thereto  or,  if  no  articles of organization have been filed, a
certified copy of the certificate filed as its organizational basis  and
all  amendments  thereto  (if such certificate or certified copy is in a
foreign language, a translation in English thereof  under  oath  of  the
translator  shall be attached thereto) and [(ii)] (B) an application for
authority as a foreign limited liability company  entitled  "Application

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09565-02-1
              

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