Skip to content

Menu

LexBlog, Inc. logo
NetworkSub-MenuBrowse by SubjectBrowse by PublisherJoin the NetworkGet StartedSubscribeSupportContact
Search
Close

NY Gov Signs Amended LLC Transparency Act

By Elizabeth Colombo Garvey & Cathryn O. Crummey on March 26, 2024
Email this postTweet this postLike this postShare this post on LinkedIn
albany

On March 1, 2024, New York Gov. Hochul signed into law chapter 102 of the laws of 2024, which is a chapter amendment1 to the New York LLC Transparency Act (NYLTA). The amended NYLTA will go into effect Jan. 1, 2026, and requires limited liability companies (LLCs) organized or qualified to do business in New York state to disclose beneficial ownership information to the New York State Department of State (DOS), unless an exemption applies.

Continue reading the full GT Alert.

Photo of Elizabeth Colombo Garvey Elizabeth Colombo Garvey

Elizabeth “Beth” Garvey assists clients nationwide with complex regulatory, governance, and transactional matters.

Beth draws upon her deep government experience having previously served in a number of high-level governmental positions, including as acting counsel to the New York State Governor, senior vice chancellor…

Elizabeth “Beth” Garvey assists clients nationwide with complex regulatory, governance, and transactional matters.

Beth draws upon her deep government experience having previously served in a number of high-level governmental positions, including as acting counsel to the New York State Governor, senior vice chancellor for Legal Affairs and general counsel at the State University of New York (SUNY) in Albany, and counsel to the State Senate majority.

While at SUNY, Beth managed all legal aspects of the SUNY operation, including retention and management of outside counsel on particular issues. She was responsible for policy development and implementation to ensure compliance with various state and federal laws and worked with outside regulators to manage inquiries from enforcement entities, in addition to assisting in responses to audits.

While serving as the Counsel to the New York State Senate Majority, Beth supervised the management of day-to-day operations on the Senate Chamber floor and was principally responsible for negotiations with other stakeholders in government.

Read more about Elizabeth Colombo GarveyEmailElizabeth Colombo's Linkedin Profile
Show more Show less
Photo of Cathryn O. Crummey Cathryn O. Crummey

Cathryn O. Crummey is an associate in the Government Law & Policy Practice. She focuses her practice on matters involving New York State legislative and regulatory issues, as well as lobbying, campaign finance, and governmental ethics. Cathryn represents a wide range of business…

Cathryn O. Crummey is an associate in the Government Law & Policy Practice. She focuses her practice on matters involving New York State legislative and regulatory issues, as well as lobbying, campaign finance, and governmental ethics. Cathryn represents a wide range of business sectors and entities.

Prior to joining the firm, Cathryn represented state agencies, municipalities, industrial development agencies, and for- and not-for-profit businesses.

Read more about Cathryn O. CrummeyEmailCathryn O.'s Linkedin Profile
Show more Show less
  • Posted in:
    Corporate Governance and Compliance
  • Blog:
    Financial Services Observer
  • Organization:
    Greenberg Traurig, LLP
  • Article: View Original Source

Call us at 1-800-913-0988 or email sales@lexblog.com.

Facebook LinkedIn Twitter RSS
The Library at LexBlog
  • About LexBlog
  • The Field We Built
  • Library at LexBlog
  • Our Beliefs
  • Our Team
  • Contact LexBlog
  • Disclaimer
  • Editorial Policy
  • Terms of Service
  • Get Started
  • Publishing Solutions
  • Compass
  • Submit a Request
  • Support Center
  • System Status
Copyright © 2026, LexBlog, Inc. All Rights Reserved.
Law blog design & platform by LexBlog LexBlog Logo