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While one state may charge hundreds of dollars to set up an LLC, others may charge as little as $25, says Parker. He points to Michigan and New Mexico as particularly low-cost states.
A limited liability company ... LLCs in some states can be set up with just one natural person involved. ... New York City), the cost of publication can be significant.
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Organized in the owner’s primary state of residence, an LLC is relatively straightforward to set up. Because the documents needed for LLC establishment are limited and managing the company is ...
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
The Banking Board was established in 1932 by N.Y.S. Banking Law § 13 and 14, and was a quasi-legislative body. The Banking Board was created to advise and cooperate with the Banking Department in the formulation of banking standards and regulations and to exercise power to approve or disapprove the issuance of bank charters and licenses and the establishment of branch banks.
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