Assembly Bill A526

2021-2022 Legislative Session

Relates to authorizing ophthalmologists, optometrists and ophthalmic dispensers to establish limited liability companies

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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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2021-A526 (ACTIVE) - Details

Current Committee:
Assembly Higher Education
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §1503, BC L; amd §§1203, 1207 & 1301, Lim Lil L; amd §§121-1500 & 121-1502, Partn L; amd §2801, Pub Health L; amd §§6530, 6509-a & 6531, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A5879
2011-2012: A58
2013-2014: A1384
2015-2016: A991
2017-2018: A7474
2019-2020: A240

2021-A526 (ACTIVE) - Summary

Authorizes ophthalmologists, optometrists and ophthalmic dispensers to establish limited liability companies.

2021-A526 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    526
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. LUPARDO,
   STIRPE -- read once and referred to the Committee on Higher Education
 
 AN  ACT  to amend the limited liability company law, the business corpo-
   ration law, the partnership law, the public health law and the  educa-
   tion  law,  in  relation  to  authorizing  optometrists and ophthalmic
   dispensing practices to form limited liability companies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.   Subdivision (a) of section 1203 of the limited liability
 company law, as amended by chapter 475 of the laws of 2014,  is  amended
 to read as follows:
   (a)  Notwithstanding  the education law or any other provision of law,
 one or more professionals each of whom is authorized by law to render  a
 professional  service within the state, or one or more professionals, at
 least one of whom is authorized by law to render a professional  service
 within  the  state,  may  form,  or  cause  to be formed, a professional
 service limited liability company for pecuniary profit under this  arti-
 cle for the purpose of rendering the professional service or services as
 such professionals are authorized to practice. With respect to a profes-
 sional  service  limited  liability  company  formed  to provide medical
 services as such services are defined in article 131  of  the  education
 law,  each  member  of  such  limited liability company must be licensed
 pursuant to article 131 of the education law  to  practice  medicine  in
 this  state.  With  respect  to a professional service limited liability
 company formed to provide dental services as such services  are  defined
 in article 133 of the education law, each member of such limited liabil-
 ity  company  must  be licensed pursuant to article 133 of the education
 law to practice dentistry in this state. With respect to a  professional
 service  limited liability company formed to provide veterinary services
 as such services are defined in article 135 of the education  law,  each
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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