Senate Bill S3360

2017-2018 Legislative Session

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

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Sponsored By

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


  • 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

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2017-S3360 (ACTIVE) - Details

See Assembly Version of this Bill:
A8125
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
2015-2016: S4274

2017-S3360 (ACTIVE) - Summary

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

2017-S3360 (ACTIVE) - Sponsor Memo

2017-S3360 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3360
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 23, 2017
                                ___________
 
 Introduced  by Sens. KRUEGER, HOYLMAN -- 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, 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:
   § 2. Section 206 of the limited liability company law is REPEALED.
   § 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.
   §  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.
              

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