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A New York PLLC is a limited liability company (LLC) formed specifically by people who will provide New York licensed professional services. LLCs in general are businesses registered with the state that consist of one or more people?called LLC members?who own the business.
Section 1006 of the LLC Law states that a limited partnership 'may' convert to a limited liability corporation, without any intermediate steps, if the partners approve an agreement of conversion, the limited partnership files Articles of Organization with the Secretary of State including a statement that the
PLLCs are geared for groupings of people in professions like medicine, architecture, or law. The main difference between an LLC and a PLLC is how the company handles malpractice claims. A PLLC holds each member separately responsible for their own malpractice claims.
Written Request. Copies of any documents filed with the Department of State's Division of Corporations may be obtained by submitting a written request to the New York State Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.
Overview. Section 1003 of the New York State Limited Liability Company Law permits the merger or consolidation of limited liability companies with other limited liability companies and/or other business entities.
The members of an LLC are required to adopt a written Operating Agreement. See Section 417 of the Limited Liability Company Law. The Operating Agreement may be entered into before, at the time of, or within 90 days after the filing of the Articles of Organization.
Section 1203 of the Limited Liability Company Law requires a copy of the Articles of Organization or a notice related to the formation of limited liability companies to be published in two newspapers for six consecutive weeks.
Section 1203 of the Limited Liability Company Law requires a copy of the Articles of Organization or a notice related to the formation of limited liability companies to be published in two newspapers for six consecutive weeks.