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NY S07476
Bill
Status
12/22/2023
Primary Sponsor
Michael Gianaris
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AI Summary
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Amends civil practice law and rules to establish that consent to jurisdiction terminates when a business organization surrenders, withdraws, or revokes its registration, authorization, or certificate of designation in New York.
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Requires foreign corporations to grant consent to New York court jurisdiction upon filing an application for authority to do business in the state, with consent withdrawn upon surrender of the application.
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Extends consent to jurisdiction requirements to foreign limited liability companies, foreign associations, foreign limited partnerships, and foreign limited liability partnerships filing with the state.
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Clarifies that foreign not-for-profit corporations granting consent to jurisdiction upon application filing are exempt only if they are not required by law to designate the secretary of state as an agent for service of process.
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Takes effect on 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
VETOED MEMO.147
12/22/2023