New York legislators approve sweeping changes to the state’s business entity laws

By Eric Geringswald | CSC

New York lawmakers recently added or amended more than 40 sections related to business entity laws, including new requirements for registration of beneficial owners and LLC transparency.

The changes are captured in the Spring 2024 edition of New York Laws Governing Business Entities Annotated. The Table of Sections Affected lists statutory changes and the Legislative Analysis provides an overview of the updates. Blackline Amendment Notes following each amended section indicate exactly which text has been added or deleted.

New York Laws Governing Business Entities Annotated

The Spring 2024 edition includes more than 25 new case notes from New York state and federal courts interpreting the law added since the Fall 2023 edition. Also included are five new full text cases covering equity interest in partnerships, subsidiaries, veil-piercing, dissolution, and statutes of limitations. The Table of New Annotations lists new case notes, and new notes are marked in the text with gray bars.

More than 100 fillable New York forms for incorporation/formation, qualification, mergers, dissolution, and name reservation for all entity types are available on the LexisNexis Bookstore online download center. A listing of the forms can be found in the book’s appendix. Up-to-date Publication and Fee Tables provide a snapshot of fees and publication requirements for the different entities.

The Spring 2024 Edition of New York Laws Governing Business Entities Annotated is available as a two-volume softbound book or as an eBook, compatible with dedicated eReader devices, computers, tablets, and smartphones that use eReader software or applications. It is also available on the LexisNexis^® Digital Library.

To learn more about the Spring 2024 Edition of New York Laws Governing Business Entities Annotated, call 1.800.533.1637 or visit us online at www.lexisnexis.com/csc.