LIEB BLOG

Legal Analysts

Showing posts with label LLC Compliance. Show all posts
Showing posts with label LLC Compliance. Show all posts

Tuesday, March 05, 2024

05 Mar

Staying Ahead: Adapting to the Changes in New York's LLC Beneficial Ownership Requirements

On March 1, 2024, Governor Hochul signed A8544 to amend NY's limited liability company law relating to the disclosure of beneficial owners of limited liability companies ("LLC"). This bill amends a law from 2023, which was enacted to end the practice of anonymous ownership of LLCs in New York. The new law...