§ 121-1507 — Definitions

New York § 121-1507

• Jurisdiction: New York
• Law PTR: Partnership
• Art. 8-B: Registered Limited Liability Partnerships

Text

§ 121-1507. Definitions. For purposes of this article:\n (a) "Partnership interest" means: (i) a partner's share of the profits\nand losses of a registered limited liability partnership; and (ii) the\npartner's right to receive distributions of a registered limited\nliability partnership.\n (b) "Affidavit of publication" means the affidavit of the printer or\npublisher of a newspaper in which a publication required to be filed\npursuant to sections 121-1500 and 121-1502 of this article has been\nmade. The affidavit of publication shall be in a form substantially as\nfollows:\n "Affidavit of Publication Under Section (specify applicable section)\nof the Partnership Law State of New York, County of ________, ss.:\n The undersigned is the printer (or publisher) of ______________ (name\nof newspaper), a _________ (daily or weekly) newspaper published in\n________________, New York. A notice regarding _______________ (name of\nlimited liability partnership) was published in said newspaper once in\neach week for six successive weeks, commencing on __________ and ending\non ________. The text of the notice as published in said newspaper is as\nset forth below, or in the annexed exhibit. This newspaper has been\ndesignated by the Clerk of ________ County for this purpose.\n __________________(signature)\n _______________(printed name),\n (jurat)"\n The text of the notice set forth in or annexed to each affidavit of\npublication shall: (i) include only the text of the published notice,\n(ii) be free of extraneous marks, and (iii) if submitted in paper form,\nbe printed on paper of such size, weight and color, and in ink of such\ncolor, and in such fonts, and be in such other qualities and form not\ninconsistent with any other provision of law as, in the judgment of the\nsecretary of state, will not impair the ability of the department of\nstate to include a legible and permanent copy thereof in its official\nrecords. Nothing in this subdivision shall be construed as requiring the\ndepartment of state to accept for filing a document submitted in\nelectronic form.\n (c) "Certificate of publication" means a certificate presented on\nbehalf of the applicable limited liability partnership to the department\nof state together with the affidavits of publication pursuant to section\n121-1500 or 121-1502 of this article. The certificate of publication\nshall be in a form substantially as follows:\n "Certificate of Publication of ______ (name of limited partnership)\nUnder Section (specify applicable section) of the Partnership Law\n The undersigned is the _________ (title) of ___________ (name of\nlimited liability partnership). The published notices described in the\nannexed affidavits of publication contain all of the information\nrequired by the above-mentioned section of the partnership law. The\nnewspapers described in such affidavits of publication satisfy the\nrequirements set forth in the partnership law and the designation made\nby the county clerk. I certify the foregoing statements to be true under\npenalties of perjury.\n Date\n Signature\n Printed Name"\n