New York Laws
Article 12 - Professional Service Limited Liability Companies
1209 - Disqualification of Members, Managers and Employees.

§ 1209. Disqualification of members, managers and employees. If any
member, manager or employee of a professional service limited liability
company who has been rendering professional service to the public
becomes legally disqualified to practice his, her or its profession
within this state, he, she or it shall sever all employment with and
financial interests (other than interests as a creditor or vested rights
under a bona fide retirement program) in such limited liability company
forthwith or as otherwise provided in section twelve hundred ten of this
article. All provisions of law regulating the rendering of professional
services by a person elected or appointed to a public office shall be
applicable to a member, manager or employee of such limited liability
company in the same manner and to the same extent as if fully set forth
herein. Such legal disqualification to practice such profession within
this state shall be deemed to constitute an irrevocable offer by the
disqualified member to sell his, her or its membership interest to the
professional service limited liability company, pursuant to the
provisions of section twelve hundred ten of this article or of the
articles of organization or operating agreement, whichever is
applicable. Compliance with the terms of such offer shall be
specifically enforceable in the courts of this state. A professional
service limited liability company's failure to enforce compliance with
this provision shall constitute a ground for its dissolution.