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NY A10281

Bill

Official Source

Status

Passed

10/3/2012

Primary Sponsor

Ronald Canestrari

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends Business Corporation Law Section 1503 to allow existing professional service corporations in good standing to convert to design professional service corporations, effective January 1, 2012
  • Converted entities must meet all requirements for design professional service corporations, including naming requirements
  • Requires converted corporations to use the name designation "DESIGN PROFESSIONAL CORPORATION" or the abbreviation "D.P.C."
  • State Education Department and Department of State shall process conversions
  • Takes effect immediately upon enactment

Legislative Description

Allows a professional service corporation, in good standing, to convert to a design professional service corporation if it meets all stated requirements to become a design professional service corporation.

Last Action

approval memo.16

10/3/2012

Committee Referrals

Corporations, Authorities and Commissions6/6/2012
Rules6/5/2012
Higher Education5/17/2012

Full Bill Text

No bill text available