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Form a Business

Penalties and enforcement.

NYC Admin. Code § 26-2405
in effect
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§ 26-2405 Penalties and enforcement. An owner who is required to file a buyout agreement under this chapter and who fails to file in the time required by section 26-2403 shall be liable for a non-hazardous violation pursuant to section 27-2115. (L.L. 2019/102, 6/8/2019, eff. 7/1/2020)
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-112527Fetched: 10/24/2026

Starting a business in New York? New York LLC guide: costs and requirements

26-2405 | Corpus