N.Y. Limited Liability Company Law § 1201: Definitions

§ 1201. Definitions. As used in this article, unless the context

otherwise requires, the term:

(a) "Licensing authority" means the regents of the university of the

state of New York or the state education department, as the case may be,

in the case of all professions licensed under title eight of the

education law, and the appropriate appellate division of the supreme

court in the case of the profession of law.

(b) "Profession" includes any practice as an attorney and

counselor-at-law, or as a licensed physician, and those professions

designated in title eight of the education law.

(c) "Professional" means an individual duly authorized to practice a

profession, a professional service corporation, a professional service

limited liability company, a foreign professional service limited

liability company, a registered limited liability partnership, a foreign

limited liability partnership, a foreign professional service

corporation or a professional partnership.

(d) "Professional service" means any type of service to the public

that may be lawfully rendered by a member of a profession within the

purview of his or her profession.

(e) "Professional service corporation" means (i) a corporation

organized under article fifteen of the business corporation law and (ii)

any other corporation organized under the business corporation law or

under any other predecessor statute, which is authorized by, or holds a

license, certificate, registration or permit issued by, the licensing

authority pursuant to the education law to render professional services

within this state.

(f) "Professional service limited liability company" means a limited

liability company organized under this article.

(g) "Foreign professional service corporation" has the meaning given

to it in subdivision (d) of section fifteen hundred twenty-five of the

business corporation law.

(h) "Foreign professional service limited liability company" has the

meaning given to it in subdivision (a) of section thirteen hundred one

of this chapter.

(i) "Professional partnership" means (1) a partnership without limited

partners each of whose partners is a professional authorized by law to

render a professional service within this state, (2) a partnership

without limited partners each of whose partners is a professional, at

least one of whom is authorized by law to render a professional service

within this state or (3) a partnership without limited partners

authorized by, or holding a license, certificate, registration or permit

issued by the licensing authority pursuant to the education law to

render a professional service within this state.