New York Limited Liability Companies - 2006 Amendments
Chapter 767, Laws of New York, 2006
For more information please call 800 999-0850 or email slb@blumb.com regarding newspaper publication.

1. The published notice must now include the street address of the principal business location of the limited liability company.
2. In New York City, the designation of the publication shall be as though the copy or notice were a notice or advertisement of judicial proceedings.
3. If the office of the entity is located in a county where a weekly or daily newspaper of the county has not been designated by the county clerk, then the publication shall be made in a newspaper of any contiguous county.
4. There will be a Certificate of Publication from the entity as well as an Affidavit of Publication from the publisher.
5. If an entity does not file within 120 days it will be "suspended."
6. If it files after it has been suspended, the suspension will be "annulled." This is not defined in the statute. Common meaning suggests that the suspension is lifted back to the date of the suspension
7. Entities filed between January 1, 1999 and June 1, 2006, who have not filed the previously required publication documents will have until May 31, 2007, to file under the new requirements. If they do not file, they will be suspended.
8. Entities filed prior to June 1, 2006 who have filed at least one affidavit of publication under the old law need not do anything further. Entities organized prior to January 1, 1999 and who have not advertised, are not required to advertise.

Recommendations
Good Standing Certificates ordered on suspended LLC’s will only show the Articles of Organization, with no Certificate of Publication. The astute lawyer or banker will note this and understand that the LLC has been suspended. Accordingly other parties, their lawyers and banks may well not accept that the entity is in the good standing required for various business transactions. They will insist that the LLC publishes as required by the statute and get the suspension annulled. This will take valuable time and may cost the deal. Further, suspended entities cannot bring an action in the courts of the state of New York. This can become a serious problem if the entity is coming close to the end of a Statute of Limitations period.

Accordingly, always observe the publication requirements for new limited liability companies.
LLC's organized after January 1, 1999, but before June 1, 2006, should observe the new publication requirements prior to December 1, 2007.