State Codes and Statutes

Statutes > New-york > Llc > Article-11 > 1103

§  1103.  Transactions  of  business  outside the state. (a) It is the  intention of the legislature by the enactment of this chapter  that  the  legal existence of a limited liability company formed under this chapter  be  recognized  beyond the limits of this state and that, subject to any  reasonable registration requirements, any such limited liability company  transacting business outside this state shall be granted the  protection  of  full  faith  and  credit  under  section  l  of  article  IV  of the  Constitution of the United States.    (b) The provisions of this chapter  shall  determine  the  rights  and  obligations  of  a  domestic  limited liability company, organized under  this chapter, in commerce with foreign nations  and  among  the  several  states, except as prohibited by law.

State Codes and Statutes

Statutes > New-york > Llc > Article-11 > 1103

§  1103.  Transactions  of  business  outside the state. (a) It is the  intention of the legislature by the enactment of this chapter  that  the  legal existence of a limited liability company formed under this chapter  be  recognized  beyond the limits of this state and that, subject to any  reasonable registration requirements, any such limited liability company  transacting business outside this state shall be granted the  protection  of  full  faith  and  credit  under  section  l  of  article  IV  of the  Constitution of the United States.    (b) The provisions of this chapter  shall  determine  the  rights  and  obligations  of  a  domestic  limited liability company, organized under  this chapter, in commerce with foreign nations  and  among  the  several  states, except as prohibited by law.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Llc > Article-11 > 1103

§  1103.  Transactions  of  business  outside the state. (a) It is the  intention of the legislature by the enactment of this chapter  that  the  legal existence of a limited liability company formed under this chapter  be  recognized  beyond the limits of this state and that, subject to any  reasonable registration requirements, any such limited liability company  transacting business outside this state shall be granted the  protection  of  full  faith  and  credit  under  section  l  of  article  IV  of the  Constitution of the United States.    (b) The provisions of this chapter  shall  determine  the  rights  and  obligations  of  a  domestic  limited liability company, organized under  this chapter, in commerce with foreign nations  and  among  the  several  states, except as prohibited by law.

Categories