§ 1529 — Business corporation law applicable

New York § 1529

• Jurisdiction: New York
• Law BSC: Business Corporation
• Art. 15-A: Foreign Professional Service Corporations

Text

§ 1529. Business corporation law applicable.\n Except for the provisions of sections thirteen hundred three, thirteen\nhundred four, thirteen hundred sixteen, thirteen hundred seventeen and\nthirteen hundred twenty, this chapter shall be applicable to a foreign\nprofessional service corporation to the extent that the provisions\nthereof are not in conflict with the provisions of this article. A\nforeign professional service corporation may practice in this state, or\nmay consolidate or merge with another corporation, or may be a member of\na professional service limited liability company, a foreign professional\nservice limited liability company, a registered limited liability\npartnership or foreign limited liability partnership, only if all of the\nprofessions practiced by such corporations, limited liability companies\nor limited liability partnerships could be practiced by a single\nprofessional service corporation organized in this state; and, further,\nonly if such foreign professional service corporation is domiciled in a\nstate or territory of the United States the laws of which, at the time\nof application by such corporation under section fifteen hundred thirty\nof this article, contain a reciprocal provision under which professional\nservice corporations domiciled in this state may similarly apply for the\nprivilege of doing business in any such state or territory; provided\nfurther however, that nothing herein shall authorize a foreign\nprofessional service corporation practicing professional engineering,\nland surveying, geology, architecture and/or landscape architecture to\nbe a member or partner of a professional service limited liability\ncompany, a foreign professional service limited liability company, a\nregistered limited liability partnership or a foreign limited liability\npartnership unless all of the shareholders, directors and officers of\nsuch foreign professional service corporation are licensed to practice\none or more of such professions in this state.\n