Exempts veterans from certain corporate fees in New York.
New York S07446 amends the business corporation law and the not-for-profit corporation law to exempt veterans from certain fees. A veteran is defined as someone who served in the U.S. military, National Guard, or New York Naval Militia and received an honorable or general discharge, has a qualifying condition, or is a discharged LGBT veteran. Veterans are exempt from fees for five years after their discharge or qualifying condition confirmation. This exemption applies to both business and not-for-profit corporations.
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