New York bill S06354 mandates that city agencies with populations over one million cannot contract with LLCs unless those LLCs disclose the names and.

New York bill S06354 amends the administrative code of New York City to prohibit city agencies from entering into contracts with limited liability companies (LLCs) unless the LLCs disclose the names and addresses of individuals with limited liability for contractual obligations and other liabilities. This requirement applies to contracts for the purchase, lease, or supply of goods, services, or construction. The bill specifies that this amendment will take effect 90 days after it becomes law.

New York bill S06354 mandates that city agencies with populations over one million cannot contract with LLCs unless those LLCs disclose the names and.

New York bill S06354 amends the administrative code of New York City to prohibit city agencies from entering into contracts with limited liability companies (LLCs) unless the LLCs disclose the names and addresses of individuals with limited liability for contractual obligations and other liabilities. This requirement applies to contracts for the purchase, lease, or supply of goods, services, or construction. The bill specifies that this amendment will take effect 90 days after it becomes law.