Kiritsis & Associates

 

OVERVIEW OF MANAGEMENT DUTIES, PER NEW YORK LLC LAW CHAPTER 34 ARTICLE 3.

 

By John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M

 

Kiritsis Law Group

 

212 922 0005

 

Chapter 34 Article 3 of the New York Limited Liability Company Law outlines the provisions related to the management and operation of LLCs in New York. It covers the rights and duties of members and managers, including their authority to manage the company and make decisions on its behalf. The article also discusses the procedures for conducting meetings, voting, and record-keeping, as well as the liability of members and managers for the company's obligations and debts. Additionally, it covers the transferability of membership interests and the dissolution and winding up of the LLC.


 

Sources:

 

New York Business Corporation Law

 

New York Limited Liability Company

 

New York General Obligations Law

 

NYS Office of Professions

 

U.S. Constitution

 

 

 

Whether you are a new business startup or a well-established company, our law firm can help you with all of your business law legal needs. For a free consultation, you can call us at 212 922 0005.

 

 

 

Law Offices of Kiritsis & Associates

 

Phone 212 922 0005

 

Manhattan Office (Main Office):                                                                                                                                                                           

 

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New York, NY 10017

 

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