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- Referred to corporations, authorities and commissions
- Referred to corporations, authorities and commissions
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Sponsor's memo
BILL NUMBER:S1955
Title of bill
An act to amend the business corporation law, the educa- tion law and the limited liability company law, in relation to permit- ting certified interior designers to enter into joint enterprise or partnership of a design corporation
General idea of bill
This legislation permits certified interior designers to be included among the professions able to enter into joint enterprise or partnership of a design corporation.
Summary of specific provisions
Section 1. Amends paragraph (a) of section 1503 of the business corpo- ration law, as added by chapter 974 of the laws of 1970 to include inte- rior design among the professions permitted to form a Professional service corporation.
Section 2 - Section 4. Amends subdivision 4 of section 7209, subdivision 2 of section 7307 and subdivision 2 of section 7327 of the education law, as added by chapter 987 of the laws of 1971, to include interior designers among the professions permitted to join in the formation of a joint enterprise, partnership or a professional service corporation.
Section 5, Renumbers section 8307 of the education law as section 8308 and adds a new section 8307 to permit interior designers to form a professional service corporation, joint enterprise, partnership, limited liability company or Corporation.
Section 6. Amends subdivision (a) of section 1203 of the limited liabil- ity company law, as separately amended by chapters 420 and 676 of the laws of 2002, to include interior designers among the professions permitted to join in the partnership or formation of a professional service limited liability company.
Section 7. Sets forth effective date.
Purpose and justification
The changing needs of the design industry necessitate that certified interior designers be able to form into professional partnerships. In fact, on e practical level, many certified interior designers already engage in substantive business practices at the same level as partners of design corporations certified in other professions. Yet, the inability to officially serve as a partners or principals in such firms inhibits the ability to most effectively conduct business, expand operations and plan for the future. Inclusion of interior design among the list of professions permitted to serve as partners/principals of design corporations does not permit interior designers to practice any other licensed or certified profession.
Prior legislative history
S6336 of 2012 - 3rd reading
FISCAL. IMPLICATIONS: None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.