New York Board Statement of Understanding
Description
How to fill out Board Statement Of Understanding?
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FAQ
How many board members does a charitable corporation have to have? A corporation formed in New York must have at least three board members.
The filing fee varies depending on the type of company you own and your desired processing time: Limited liability company (LLC), $275 for a one-week processing time. LLC, $475 for processing within one to two business days. Corporation, $250 for a one-week processing time.
If you have completed your sentence, you may apply directly to the Certificate Review Unit of the Department of Corrections and Community Supervision for a Certificate of Relief or Good Conduct.
A biennial statement is a document that all businesses, both foreign and domestic, must file every two years as required by the Business Corporation Law and the Limited Liability Company Law.
Any Certificate of Status or status letter obtained from the New York Department of State will reflect that the corporation or LLC is past due in the filing of its Biennial Statement. This may prevent the corporation or LLC from completing certain business transactions.
How long does it take the New York Department of State to issue a Certificate of Good Standing? Normal processing: 2-3 business days, plus additional time for mailing. 24 hour Expedited processing: 24 business hours, plus additional time for mailing.
A Certificate of Status 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. The written request must include the following information: A specific statement requesting a Certificate of Status.
$25 fee for Certificate of Status. Preferred payment methods include: money order, MasterCard, Visa or American Express. To pay for a fee using your credit card or debit card, complete and sign the Credit Card/Debit Card Authorization Form and submit it to the Division of Corporations with your request for service.
