N.Y. Bus. Corp. Law § 1505

Current through 2024 NY Law Chapters 1-49, 52, and 61-117
Section 1505 - [Effective Until 7/21/2024] 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.

N.Y. Bus. Corp. Law § 1505

This section is set out more than once due to postponed, multiple, or conflicting amendments.