New York A01506 requires limited liability companies to list all members and their ownership interests when filing a rent registration statement.
New York A01506 amends the Emergency Tenant Protection Act of 1974 and the New York City Administrative Code. It requires any limited liability company filing a rent registration statement to include a list of all members and their ownership interests. This requirement applies to the State Division of Housing and Community Renewal and the New York City Department of Housing Preservation and Development. The bill defines "beneficial owner" as someone who owns an equity interest or has control over the funds or assets of the entity.
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