(800) 952-5696

February 2020 Business Legislation Alerts

  • Home
  • February 2020 Business Legislation Alerts
Posted on by Kacy Flowers

February 2020 Business Legislation Alerts

New York achieved an important business legislation milestones during the month of February. Please see below for a summary of the new law for entities in New York.


Assembly Bill 453
New York Assembly Bill 453, effective February 10, 2020, amends Sec. 609 of the New York Limited Liability Company Law to provide that the ten largest members of foreign LLCs may be held personally liable for unpaid wages owed to their employees who performed services for the LLC in New York. View the bill text.

We’re here to help! For questions about how these legislative changes may affect you or your clients, or to initiate a service request, contact CLAS at 800.952.5696 or connect@clasinfo.com. Or, simply click on Contact CLAS, a CLAS representative will get back to you shortly.

Contact CLAS

For informational purposes only; content does not constitute legal advice.

Related posts

Subscribe to Email Updates

Recent Posts