Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 19, 2016 |
signed chap.260 |
Aug 08, 2016 |
delivered to governor |
Jun 15, 2016 |
returned to assembly passed senate 3rd reading cal.1029 substituted for s7552 |
Jun 14, 2016 |
referred to rules delivered to senate passed assembly |
Jun 08, 2016 |
ordered to third reading rules cal.202 rules report cal.202 reported |
Jun 06, 2016 |
reported referred to rules |
Jun 01, 2016 |
reported referred to codes |
May 18, 2016 |
referred to corporations, authorities and commissions |
Assembly Bill A10251
Signed By Governor2015-2016 Legislative Session
Sponsored By
ENGLEBRIGHT
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2015-A10251 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7552
- Law Section:
- Business Corporation Law
- Laws Affected:
- Amd §1503, BC L; add §1105, Lim Lil L; amd §28, Chap 475 of 2014
2015-A10251 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10251 I N A S S E M B L Y May 18, 2016 ___________ Introduced by M. of A. ENGLEBRIGHT -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the business corporation law and the limited liability company law, in relation to the incorporation of certain businesses for the purpose of practicing professional geology; and to amend chap- ter 475 of the laws of 2014 amending the education law, the business corporation law and other laws relating to providing for the licensing of the profession of geology, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1503 of the business corporation law is amended by adding two new paragraphs (b-6) and (b-7) to read as follows: (B-6) (1) PRIOR TO THE FIRST DAY OF MARCH, TWO THOUSAND EIGHTEEN, THE STATE EDUCATION DEPARTMENT AND THE DEPARTMENT OF STATE SHALL ALLOW AN EXISTING BUSINESS CORPORATION ORGANIZED UNDER ARTICLE FOUR OF THIS CHAP- TER TO BECOME A PROFESSIONAL CORPORATION AS DEFINED IN THIS ARTICLE FOR THE PURPOSE OF PRACTICING PROFESSIONAL GEOLOGY, PROVIDED THAT THE SURVIVING CORPORATION MEET ALL OF THE REQUIREMENTS TO BECOME A PROFES- SIONAL CORPORATION, INCLUDING THAT THE NAME OF A PROFESSIONAL CORPO- RATION SHALL END WITH THE WORDS "PROFESSIONAL CORPORATION" OR THE ABBRE- VIATION "P.C." BY AMENDING ITS CERTIFICATE OF INCORPORATION SO THAT IT CONTAINS THE FOLLOWING: (I) THE NAMES AND RESIDENCE ADDRESSES OF ALL INDIVIDUALS WHO WILL BE THE ORIGINAL SHAREHOLDERS, DIRECTORS AND OFFICERS OF THE PROFESSIONAL SERVICE CORPORATION; (II) A STATEMENT THAT THE PROFESSIONAL SERVICE CORPORATION IS FORMED PURSUANT TO THIS SECTION; AND (III) A STATEMENT THAT THE AMENDMENT SHALL NOT EFFECT A DISSOLUTION OF THE CORPORATION, BUT SHALL BE DEEMED A CONTINUATION OF ITS CORPORATE EXISTENCE, WITHOUT AFFECTING ITS THEN EXISTING PROPERTY RIGHTS OR LIABILITIES OR THE LIABILITIES OF ITS MEMBERS OR OFFICERS AS SUCH, BUT THEREAFTER IT SHALL HAVE ONLY SUCH RIGHTS, POWERS AND PRIVILEGES, AND BE SUBJECT ONLY TO SUCH OTHER DUTIES AND LIABILITIES, AS A CORPORATION CREATED FOR THE SAME PURPOSES UNDER THIS ARTICLE. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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