Bill
Bill > A01231
NY A01231
NY A01231Relates to the definition of office and the content of notices published in newspapers.
summary
Introduced
01/09/2025
01/09/2025
In Committee
01/09/2025
01/09/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the limited liability company law and the partnership law, in relation to the definition of office and the content of notices published in newspapers
AI Summary
This bill amends the Limited Liability Company (LLC) Law and Partnership Law to clarify and strengthen requirements for defining a company's office and business location. Specifically, the bill requires that an LLC's or limited partnership's office must be an actual physical place located in the county where the company's principal business is conducted, rather than just a registered agent's address, post office box, or private mailbox. The changes remove the previous language that allowed an office to be a location where no business activities were conducted, and now mandate that the office must represent the company's real, principal business location. Additionally, the bill modifies several sections of existing law to require the street address of the principal business location to be consistently reported in various official documents and filings, removing the previous parenthetical phrase "if any" which had made such reporting optional. These changes aim to increase transparency and ensure that businesses provide accurate and verifiable location information in their legal documentation.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to corporations, authorities and commissions (on 01/09/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A1231 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A01231&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A01231 |
Loading...