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NY A07351

Bill

Status

Introduced

5/17/2023

Primary Sponsor

Helene Weinstein

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Adds new section 301-a to Civil Practice Law and Rules establishing that when a business organization surrenders, withdraws, or revokes its registration or certificate to do business in New York, its consent to state court jurisdiction terminates on that date.

  • Amends Business Corporation Law to establish that filing an application for authority to do business constitutes consent to New York court jurisdiction, and surrendering the application withdraws that consent.

  • Amends General Associations Law to provide that filing a certificate of designation constitutes consent to New York court jurisdiction, and revoking the designation withdraws that consent.

  • Amends Limited Liability Company Law, Not-for-Profit Corporation Law, and Partnership Law to establish similar consent-to-jurisdiction provisions for foreign LLCs, foreign not-for-profit corporations, foreign limited partnerships, and foreign limited liability partnerships.

  • Takes effect January 1 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

substituted by s7476

6/7/2023

Committee Referrals

Rules5/23/2023
Judiciary5/17/2023

Full Bill Text

No bill text available