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The New York Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include "Incorporated," "Corporation" or "Limited." The name cannot state or imply that the corporation or LLC is formed for purpose other than what is permitted in the articles of incorporation/organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
The New York Limited Liability Company (New York LLC) must use the term "Limited Liability Company," "LLC" or "L.L.C." Words related to the finance, banking, trust or insurance business cannot be used without prior approval. The name cannot state or imply that the corporation or LLC is formed for purpose other than what is permitted in the articles of incorporation/organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Minimum Number - Not less than three, unless there are only one or two shareholders of record; then the number of directors may be less than three but not less than the number of shareholders.
Residence Requirements - No provision.
Age Requirements - Directors must be a natural person at least 18 years of age.
Directors are not required to be listed in the articles of incorporation.
Officers are not required to be listed in the articles of incorporation.
The certificate must state:
. The aggregate number of shares that the corporation is authorized to issue.
. The par value of each share (or a statement that there is no par value) or, of applicable, the number of shares and par value of each class of shares and series along with their designations, a statement of their relative rights, preferences and limitations.
. A statement describing the authority vested in the board of directors to establish, designate and make changes between series, if any.
The New York Secretary of State acts as the Registered Agent for all business entities registered in the state.
The stock transfer ledger must be kept in the principal corporate office.


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