senate Bill S4274A

2015-2016 Legislative Session

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

download bill text pdf

Sponsored By

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


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 06, 2016 referred to corporations, authorities and commissions
Oct 21, 2015 print number 4274a
Oct 21, 2015 amend (t) and recommit to corporations, authorities and commissions
Mar 11, 2015 referred to corporations, authorities and commissions

Co-Sponsors

S4274 (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1006, 1101, 102, 209 & 1203, rpld §206, §1203 sub (c) ¶ 2, Lim Lil L; amd §23.03, Arts & Cul L; add §89-i, St Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1667
2011-2012: S437
2013-2014: S3259
2017-2018: S3360

S4274 (ACTIVE) - Summary

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

S4274 (ACTIVE) - Sponsor Memo

S4274 (ACTIVE) - Bill Text download pdf

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

                                  4274

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 11, 2015
                               ___________

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

AN  ACT  to  amend  the  limited  liability company law and the arts and
  cultural affairs law, in relation to publication requirements; and  to
  repeal  section  206 of the limited liability 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
hundred two, twelve hundred three or thirteen hundred six of this  chap-
ter, fifty dollars.
  S  4.  Section  209 of the limited liability company law is amended to
read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03351-01-5

Co-Sponsors

S4274A (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1006, 1101, 102, 209 & 1203, rpld §206, §1203 sub (c) ¶ 2, Lim Lil L; amd §23.03, Arts & Cul L; add §89-i, St Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1667
2011-2012: S437
2013-2014: S3259
2017-2018: S3360

S4274A (ACTIVE) - Summary

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

S4274A (ACTIVE) - Sponsor Memo

S4274A (ACTIVE) - Bill Text download pdf

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

                                 4274--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             March 11, 2015
                               ___________

Introduced  by Sens. KRUEGER, HOYLMAN -- read twice and ordered printed,
  and when printed to be committed to  the  Committee  on  Corporations,
  Authorities  and  Commissions  --  committee discharged, bill amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT to amend the limited liability company law, the arts and cultural
  affairs law and the state finance  law,  in  relation  to  publication
  requirements;  and  to  repeal  section  206  of the limited liability
  company law and paragraph 2 of subdivision (c) of section 1203 of  the
  limited liability 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
hundred  two, twelve hundred three or thirteen hundred six of this chap-
ter, fifty dollars.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03351-04-5

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