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Form a Business

Recommended Penalties.

43 RCNY § 15-03 (Recommended Penalties)
in effect
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§ 15-03 Recommended Penalties. Any person found to have violated the provisions of 43 RCNY § 15-01 will be liable for a civil penalty of $1,000 for the first violation, $5,000 for the second violation and $7,500 for the third and subsequent violations. (Added City Record 12/29/2016, eff. 1/28/2017)
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/NYCrules/0-0-0-98283Fetched: 10/24/2026

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

15-03 | Corpus