Authorizes licensed health service professionals to form limited liability companies.
The bill amends the limited liability company law, business corporation law, partnership law, education law, and public health law to allow licensed health service professionals to form limited liability companies. Each member of such companies must hold a valid license to practice their profession in New York State. The bill specifies conditions for forming these companies, including that members can only practice within their licensed scope and must comply with state education department rules.
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