· NY legislature · 2025-2026

Relates to the scope of certain provisions relating to beneficial owners of limited liability companies

Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.

Sponsor

Emily Gallagher (D-NY)

Introduced

2025-05-23

Policy area

Commerce

Latest action

SUBSTITUTED BY S8432