2006 New York Code - Foreign Professional Service Limited Liability Company.



 
    §  1304.  Foreign  professional service limited liability company.  No
  foreign professional service limited liability company shall  engage  in
  any profession or carry on, or conduct or transact any other business or
  activities  in  this  state other than the rendering of the professional
  services or the carrying on, or conducting or transacting of  any  other
  business  or  activities  for which it is formed and is authorized to do
  business in this state; provided that such limited liability company may
  invest its funds in real estate, mortgages, stocks, bonds or  any  other
  type  of  investments;  provided,  further,  that a foreign professional
  service limited liability company (i) authorized  to  practice  law  may
  only  engage  in  another  profession or other business or activities in
  this state or (ii) which is engaged in a profession or other business or
  activities other than law, may only engage in the  practice  of  law  in
  this  state, to the extent not prohibited by any other law of this state
  or any rule adopted by the appropriate appellate division of the supreme
  court or the court of appeals.

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