N.Y. LLC Law § 1303
This is the official text of N.Y. LLC Law § 1303, part of New York’s LLC Law — part of the compiled statutory law of New York, published by the state as "LLC Law." Browse the sections below, each linked to its official government source.
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Professional relationships and liabilities
Official statutory text
§ 1303. Professional relationships and liabilities. (a) Each member,\nmanager, employee or agent of a foreign professional service limited\nliability company who performs professional services in this state on\nbehalf of such limited liability company shall be personally and fully\nliable and accountable for any negligent or wrongful act or misconduct\ncommitted by him or her or by any person under his or her direct\nsupervision and control while rendering such professional services in\nthis state and shall bear professional responsibility for compliance by\nsuch limited liability company with all laws, rules and regulations\ngoverning the practice of a profession in this state.\n (b) Each shareholder, director, officer, employee, member, manager,\npartner or agent of a professional service corporation, foreign\nprofessional service corporation, professional service limited liability\ncompany, foreign professional service limited liability company,\nregistered limited liability partnership, foreign limited liability\npartnership or professional partnership that is a member, manager,\nemployee or agent of a foreign professional service limited liability\ncompany who performs professional services in this state on behalf of\nsuch foreign professional service limited liability company shall be\npersonally and fully liable and accountable for any negligent or\nwrongful act or misconduct committed by him or her or by any person\nunder his or her direct supervision and control while rendering\nprofessional services in this state in his or her capacity as a member,\nmanager, employee or agent of such foreign professional service limited\nliability company and shall bear professional responsibility for\ncompliance by such limited liability company with all laws, rules and\nregulations governing the practice of the profession in this state.\n (c) The relationship of a professional to a foreign professional\nservice limited liability company with which such professional is\nassociated, whether as a member, manager, employee or agent, shall not\nmodify or diminish the jurisdiction over such professional of the\nlicensing authority and in the case of an attorney and counselor-at-law\nor a professional service corporation, foreign professional service\ncorporation, professional service limited liability company, foreign\nprofessional service limited liability company, registered limited\nliability partnership, foreign limited liability partnership or\nprofessional partnership, engaged in the practice of law, the courts of\nthis state.\n
Status: in_force · Read it on the official government site
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