N.Y. Limited Liability Company Law § 1103: Transactions of business outside the state

§ 1103. Transactions of business outside the state. (a) It is the

intention of the legislature by the enactment of this chapter that the

legal existence of a limited liability company formed under this chapter

be recognized beyond the limits of this state and that, subject to any

reasonable registration requirements, any such limited liability company

transacting business outside this state shall be granted the protection

of full faith and credit under section l of article IV of the

Constitution of the United States.

(b) The provisions of this chapter shall determine the rights and

obligations of a domestic limited liability company, organized under

this chapter, in commerce with foreign nations and among the several

states, except as prohibited by law.