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LLC ? The Department of State does not involuntarily dissolve LLCs in New York. If your company has filed for voluntary dissolution but wants to do business again, the only way to reinstate is to petition the court.
Limited Liability Companies FILING LIMITED LIABILITY COMPANY CERTIFICATESRev. 3/16Change §211-A(b)$5Biennial Statement$9Resignation of Registered Agent$20Judicial Dissolution$6021 more rows
An LLC member resolution is the written record of a member vote authorizing a specific business action. Formal resolutions aren't necessary for small, everyday decisions. However, they're useful for granting authority to members to transact significant business actions, such as taking out a loan on behalf of the LLC.
Bylaws and resolutions are the initial decisions of your corporation's board of directors and basic "operating rules" of your corporation. An operating agreement is a key document used by LLCs because it outlines the business' financial and functional decisions including rules, regulations and provisions.
The filing period for a business corporation or LLC is the calendar month in which its original Certificate of Incorporation, Articles of Organization or Application for Authority was filed with the New York Department of State. The Biennial Statement must be filed every two years.
If you fail to file your New York biennial statement, you won't be charged any late fees and New York will not administratively dissolve your LLC. Instead, the New York Department of State will change your LLC's status to ?past due,? meaning you'll lose your good standing.
Domestic and foreign business corporations are required by Section 408 of the Business Corporation Law to file a Biennial Statement every two years with the New York Department of State.
If you do not file your report within the one-month filing period, the Department of State will determine your company to be delinquent. There are no penalties for filing a late New York biennial report to remove your delinquent status.