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New York Limited Liability Company Law - Article 12 - § 1205 Professional Relationships and Liabilities

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Limited Liability Company Law
 
    §  1205.  Professional relationships and liabilities. (a) Each member,
  manager, employee or agent of a professional service  limited  liability
  company  shall  be  personally  and fully liable and accountable for any
  negligent or wrongful act or misconduct committed by him or  her  or  by
  any  person  under  his  or  her  direct  supervision  and control while
  rendering professional services on  behalf  of  such  limited  liability
  company.
    (b)  Each  shareholder,  director, officer, employee, member, manager,
  partner  and  agent  of  a  professional  service  corporation,  foreign
  professional service corporation, professional service limited liability
  company,   foreign   professional  service  limited  liability  company,
  registered limited  liability  partnership,  foreign  limited  liability
  partnership  or  professional  partnership  that  is  a member, manager,
  employee or agent of a professional service  limited  liability  company
  shall  be  personally and fully liable and accountable for any negligent
  or wrongful act or misconduct committed by him or her or by  any  person
  under  his  or  her  direct  supervision  and  control  while  rendering
  professional services in his or  her  capacity  as  a  member,  manager,
  employee  or  agent  of  such  professional  service  limited  liability
  company.
    (c) The relationship of  a  professional  to  a  professional  service
  limited  liability  company  with which such professional is associated,
  whether as member, manager, employee  or  agent,  shall  not  modify  or
  diminish  the  jurisdiction  over  such  professional  of  the licensing
  authority and in the case of an  attorney  and  counselor-at-law,  or  a
  professional   service   corporation,   foreign   professional   service
  corporation, professional service  limited  liability  company,  foreign
  professional  service  limited  liability  company,  registered  limited
  liability  partnership,  foreign  limited   liability   partnership   or
  professional  partnership  engaged in the practice of law, the courts of
  this state.
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Last modified: February 15, 2014