STATE OF NEW YORK
________________________________________________________________________
8086--A
Cal. No. 1247
IN SENATE
March 27, 2018
___________
Introduced by Sen. MARCELLINO -- read twice and ordered printed, and
when printed to be committed to the Committee on Corporations, Author-
ities and Commissions -- reported favorably from said committee,
ordered to first report, amended on first report, ordered to a second
report and ordered reprinted, retaining its place in the order of
second report
AN ACT to amend the business corporation law and the limited liability
company law, in relation to the incorporation of certain businesses
for the purpose of practicing professional geology
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The opening paragraph of subparagraph 1 of paragraph (b-6)
2 of section 1503 of the business corporation law, as added by chapter 260
3 of the laws of 2016, is amended to read as follows:
4 Prior to the first day of March, two thousand [eighteen] nineteen, the
5 state education department and the department of state shall allow an
6 existing business corporation organized under article four of this chap-
7 ter to become a professional service corporation as defined in this
8 article for the purpose of practicing professional geology, provided
9 that the surviving corporation meet all of the requirements to become a
10 professional service corporation, including that the name of a profes-
11 sional service corporation shall end with the words "professional corpo-
12 ration" or the abbreviation "P.C." by amending its certificate of incor-
13 poration so that it contains the following:
14 § 2. The opening paragraph of subparagraph 1 of paragraph (b-7) of
15 section 1503 of the business corporation law, as added by chapter 260 of
16 the laws of 2016, is amended to read as follows:
17 Prior to the first day of March, two thousand [eighteen] nineteen, the
18 state education department and the department of state shall allow an
19 existing business corporation organized under article four of this chap-
20 ter to become a design professional service corporation as defined in
21 this article for the purpose of practicing professional geology,
22 provided that the surviving corporation meet all of the requirements to
23 become a design professional service corporation, including that the
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15117-03-8
S. 8086--A 2
1 name shall end with the words "design professional service corporation"
2 or the abbreviation "D.P.C." by amending its certificate of incorpo-
3 ration so that it contains the following:
4 § 3. The opening paragraph of subdivision (a) of section 1105 of the
5 limited liability company law, as added by chapter 260 of the laws of
6 2016, is amended to read as follows:
7 Prior to the first day of March, two thousand [eighteen] nineteen, the
8 state education department and the department of state shall allow an
9 existing limited liability company organized under article two of this
10 chapter to become a professional service limited liability company as
11 defined in article twelve of this chapter for the purpose of practicing
12 professional geology, provided the limited liability company meet all of
13 the requirements to become a professional service limited liability
14 company, including that the name of a professional service limited
15 liability company shall end with the words "Professional Limited Liabil-
16 ity Company" or "Limited Liability Company", or the abbreviations
17 "P.L.L.C.", "PLLC", "L.L.C.", or "LLC" by amending its articles of
18 organization so that it contains the following:
19 § 4. This act shall take effect immediately and shall be deemed to
20 have been in full force and effect on and after March 1, 2018.
