There is a newer version of the New York Consolidated Laws
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2012 New York Consolidated Laws
BSC - Business Corporation
Article 15 - (1501 - 1516) PROFESSIONAL SERVICE CORPORATIONS
1505 - Professional relationships and liabilities.


NY Bus Corp L § 1505 (2012) What's This?
 
  § 1505. Professional relationships and liabilities.
    (a)  Each  shareholder,  employee  or  agent of a professional service
  corporation and a  design  professional  service  corporation  shall  be
  personally  and  fully  liable  and  accountable  for  any  negligent or
  wrongful act or misconduct committed by him or by any person  under  his
  direct  supervision and control while rendering professional services on
  behalf of such corporation.
    (b) The relationship  of  an  individual  to  a  professional  service
  corporation or a design professional service corporation with which such
  individual  is  associated,  whether  as shareholder, director, officer,
  employee or agent, shall not modify or diminish  the  jurisdiction  over
  him  of  the  licensing  authority  and  in  the case of an attorney and
  counsellor-at-law, the other courts of this state.

Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.