Professional Corporation (PC) is a type of legal entity formed by licensed professionals, such as doctors, lawyers, accountants, or engineers, to provide their professional services. Unlike a regular corporation, a PC is subject to additional regulations and restrictions imposed by state licensing boards or professional associations governing the particular profession. One appealing advantage is limited liability protection for the individual owners. Our attorneys can assist with forming a PC by managing all required legal documentation, ensuring compliance with state-specific regulation, and creating tailored bylaws and governance structures. We also provide ongoing legal support to address any issues that may arise within the Professional Corporation.
What are the Amendments to the Department of Financial Services Cybersecurity Regulations?
Recently, the New York State Department of Financial Services (NYSDFS) amended the annual notification requirements under the Cybersecurity...