New York A08303 amends laws to clarify that foreign business entities' applications to operate in the state signify consent to the state's court.
New York A08303 amends several state laws to clarify that when a foreign corporation, limited liability company, limited partnership, or limited liability partnership applies for authority to do business in New York, it consents to the jurisdiction of the state's courts for any legal actions brought by residents or other eligible entities. The bill also specifies that withdrawing the application signifies a withdrawal of this consent.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.