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LEARN
about the New York LLC publishing law
There are serious penalties for non-compliance
with NY's LLC publishing law.
A new law regarding LLC publishing in New York took effect in
2007.
Your LLC has
been suspended if you failed to comply within the 120 day time
limit.
BUT... you
are automatically reinstated upon completion of your LLC
publishing, so get started now!
We can take care of
the entire LLC publishing process, usually for less than it would cost
you to do it yourself.
REQUIREMENTS
(provided as a general outline, and not
intended as a substitute for legal advice)
1. Within
120 days of formation of a New York LLC, the LLC must publish a
notice in two (2) newspapers, once a week, for a period of six
(6) consecutive weeks, as follows:
(a) The
notice must include the name of the LLC, the date of filing, the
county in which the office is located, the full street address
of the LLC, the purpose of the LLC, and a statement regarding
service of process on the secretary of state. The
information must be precise... there's no room for errors.
(b) The notice must
be published "as though the copy or notice were a notice or
advertisement of judicial proceedings."
(c) The
two (2) newspapers must consist of one (1) weekly paper and one
(1) daily paper of general circulation in the county where your
LLC was formed. The newspapers must be designated by the county
clerk for such publication.
2. After the LLC
publishing is complete, you must obtain affidavits of
publication from the newspapers in which the legal publishing
was completed.
3. The affidavits of
publication must be filed with the state, along with other
information contained in a Certificate of Publication. There are
fees for this filing.
4. If you fail to comply
with the LLC publishing law within 120 days of formation, the
authority of your limited liability company to carry on, conduct
or transact any business in NY state shall be suspended,
effective as of the expiration of such 120 day period.
5. The suspension will be
annulled upon the filing of the Certificate of Publication, even
if filed late.
Please note: If
you already completed your publication under the old law prior
to June 1 2006, this alert does not apply to you and you do not
need to take any further action.
You can try to handle the
LLC publishing requirement yourself, but it's tedious,
expensive, and difficult, especially for those unfamiliar with
the process. Plus, you'll likely end up spending more than our
total charge to you.
Why not let the
experts handle your LLC publishing, at prices starting from just $295
complete?
Brodsky Law Firm PLLC
244 Fifth Avenue, Suite 1952
New York, NY 10001
Still have questions about
LLC publishing?
Tel. (212) 913-9907
Fax (917) 386-2542
BrodskyLaw@gmail.com
Super-fast responses!!
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