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NY S04846
Bill
Status
4/22/2015
Primary Sponsor
John Bonacic
Click for details
AI Summary
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Establishes that filing an application for authority to do business in New York constitutes automatic consent to jurisdiction of New York courts for all actions against foreign business organizations
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Applies to foreign corporations, limited liability companies, limited partnerships, and limited liability partnerships authorized to do business in the state
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Specifies that surrender, withdrawal, or revocation of registration, authorization, or certificate of designation terminates consent to jurisdiction as of the date of such action
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Creates new section 301-a of the Civil Practice Law and Rules establishing termination of consent procedures for all covered business organization types
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Takes effect January 1st of the year following enactment
Legislative Description
Provides that a foreign corporation's application for authority to do business in this state constitutes consent to jurisdiction of the courts of this state and a surrender of such application constitutes withdrawal of such consent.
Last Action
COMMITTED TO RULES
6/17/2016