Recently, during a real estate closing a borrower looked at my business card and asked me what a “PLLC” was. I thought it would be worth clarifying on this blog for my readers.
Pursuant to Article 12 of the New York Limited Liability Company Law, a professional service limited liability company (PLLC) may be formed by one or more attorney or “professional” licensed within the State of New York as defined in Title 8 of the New York Education Law. The following professionals are considered professionals under the statute:
- Medicine and nursing;
- Physicians assistants and special assistants;
- Dentistry, dental hygiene and certified dental assisting;
- Veterinary medicine and veterinary technology;
- Physical therapy and physical therapist assistants;
- Ophthalmic dispensing;
- Engineering and land surveying;
- Architecture and landscape architecture;
- Public accountancy;
- Shorthand reporting;
- Social work;
- Massage therapy;
- Occupational therapy;
- Dietetics and nutrition;
- Speech-language pathologists and audiologists;
- Interior design;
- Athletic trainers;
- Respiratory therapists and respiratory therapy technicians;
- Clinical laboratory technologists; and,
- Medical physicists.
PLLC’s formed by certain professions including physicians, dentists, veterinarians, professional engineers, land surveyors, architects, landscape architects, licensed clinical social workers, creative arts therapists, marriage/family therapists, mental health counselors, and psycho-analysts, each individual must be licensed in the state of New York.
After formation, the PLLC is required to file a copy of the articles of organization and each amendment thereof, with the licensing authority within 30 days after the filing of such articles or amendment with the NYS Department of State.