Internal prototype — noindexed, not linked from public navigation yet.

Statutes » New York » BSC Law » Article 4

N.Y. BSC Law § 409

This is the official text of N.Y. BSC Law § 409, part of New York’s BSC Law — part of the compiled statutory law of New York, published by the state as "BSC Law." Browse the sections below, each linked to its official government source.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Penalty for failure to file; cure

Official statutory text

§ 409. Penalty for failure to file; cure.\n 1. Each corporation which has failed to file its statement within the\ntime required by this chapter after thirty days shall be shown to be\npast due on the records of the department of state.\n 2. Each corporation which has failed to file its statement for two\nyears shall be shown to be delinquent on the records of the department\nof state sixty days after a notice of delinquency has been mailed to the\nlast known address of such corporation. Such delinquency shall be\nremoved from the records of the department of state upon the filing of\nthe current statement required by section four hundred eight of this\narticle, and the payment of a fine of two hundred fifty dollars.\n 3. The notice of delinquency shall state the cure and fine for such\ndelinquency as determined by subdivision two of this section and the\nperiod during which such delinquency shall be foreborne without the\nimposition of such fine.\n 4. This section shall not apply to corporations that have submitted a\nstatement pursuant to paragraph eight of section four hundred eight of\nthis chapter.\n

Status: in_force · Read it on the official government site

Need a lawyer in New York?

Find a New York lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.