§ 1513. Business corporation law applicable.\n This chapter, except article 13 and article 15-A, shall be applicable\nto a professional service corporation, including a design professional\nservice corporation, except to the extent that the provisions thereof\nconflict with this article. A professional service corporation,\nincluding a design professional service corporation, may consolidate or\nmerge only with another corporation organized under this article or\nauthorized to do business in this state under article 15-A of this\nchapter or authorized and registered to practice the same profession, or\nin the case of a design professional service corporation one or more\nprofessions as provided in paragraph (e) of section 1501 of this\narticle, pursuant to the applicable provisions of subdivision six of\nsection seventy-two hundred nine of the education law, subdivision four\nof section seventy-three hundred seven of the education law or\nsubdivision four of section seventy-three hundred twenty-seven of the\neducation law, or may be a member of a professional service limited\nliability company, a foreign professional service limited liability\ncompany, a registered limited liability partnership or foreign limited\nliability partnership, and only if all of the professions practiced by\nsuch corporations, limited liability companies or limited liability\npartnerships could be practiced by a single corporation organized under\nthis article.\n
N.Y. Bus. Corp. Law § 1513
Business corporation law applicable
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.