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This entry was published on 2024-03-08
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SECTION 100-B
Business entity database
Executive (EXC) CHAPTER 18, ARTICLE 6
* § 100-b. Business entity database. 1. The secretary of state shall
maintain a publicly available database on its website for each business
entity organized in New York state and each foreign business entity with
authority to do business in the state, that includes but is not limited
to, the following information:

(a) the name of the business entity;

(b) the history of such name and changes to such name, where
applicable;

(c) the current business street address and the county associated with
such business street address;

(d) the duration or date of dissolution of the business entity, where
applicable;

(e) where the business entity is a limited liability company, the date
of initial filing of the articles of organization, or where the business
entity is a foreign limited liability company, the application for
authority;

(f) the date of the most recent filing;

(g) the filing history associated with such entity; and

(h) any other information pertaining to such business entity as may be
determined by the secretary of state and in accordance with applicable
state and federal laws, rules, and regulations.

2. (a) In addition to the information required to be included in the
database pursuant to subdivision one of this section, the secretary of
state shall also include the full legal name or names of each beneficial
owner, for every limited liability company and foreign limited liability
company where such companies are also reporting companies.

(b) The secretary of state shall establish, through regulations,
procedures to allow beneficial owners of limited liability companies and
foreign limited liability companies who are also reporting companies who
cite significant privacy interests to apply for a waiver to withhold the
name and/or business address associated of a beneficial owner from the
database established in subdivision one of this section where such name
and/or business address discloses personal or identifying information of
such beneficial owner, no amendment to such information mitigates such
disclosure, and such disclosure serves no public interest. Significant
privacy interests shall include, but not be limited to, where a
beneficial owner is a natural person participating in an address
confidentiality program, or is a member of a limited liability company
acting as a relator in a qui tam action filed pursuant to section one
hundred ninety of the state finance law or 31 U.S.C. section 3729. The
secretary of state shall issue a waiver to a beneficial owner upon a
demonstration that a significant privacy interest exists and shall
provide guidance on its website indicating what documentation is
acceptable as proof for issuance of a waiver. If the secretary of state
grants a beneficial owner a waiver pursuant to this subdivision, the
secretary of state shall disclose the anonymized unique identifying
number assigned by the secretary of state to each beneficial owner or
owners pursuant to section two hundred fifteen or section eight hundred
ten of the limited liability company law, as may be applicable to the
database established in subdivision one of this section. The secretary
of state shall also provide information on its website regarding
compliance with beneficial ownership disclosure requirements and how and
where such information may be used and disclosed.

* NB Effective and Repealed January 1, 2026