Statute · New York Limited Liability Company Law
N.Y. Ltd. Liab. Co. Law § 201 — Purpose
N.Y. Ltd. Liab. Co. Law § 201
- Type
- Statute
- Source
- New York Limited Liability Company Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 201. Purpose. A limited liability company may be formed under this chapter for any lawful business purpose or purposes except to do in this state any business for which another statute specifically requires some other business entity or natural person to be formed or used for such business.
Citator
N.Y. Ltd. Liab. Co. Law § 201 — Purpose is in force in the current edition of the Code, and nothing recorded condemns it.
§ 201. Purpose. A limited liability company may be formed under this chapter for any lawful business purpose or purposes except to do in this state any business for which another statute specifically requires some other business entity or natural person to be formed or used for such business.