New York Laws
Article 23 - Regulation of Theatrical Syndication Financing
23.09 - Application of Article; Exemptions.

(a) has, for a period in excess of ten years, produced or presented
events at the same place of entertainment or produced or presented
events under the same corporate or organizational name; or
(b) controls, is controlled by or under common control with any ticket
distributor which has, for a period in excess of ten years, produced or
presented events at the same place of entertainment or produced or
presented events under the same corporate or organizational name; or
(c) maintains minimum net capital of one hundred thousand dollars or
minimum net worth or, if a corporation, shareholder's equity of two
hundred thousand dollars; or
(d) offers or sells advance tickets of admission to a theatre or other
place of entertainment as defined in section 23.03 of this article (i)
which contains no more than ninety-nine seats for paying customers, or
(ii) for which the average ticket sale revenues, as measured over the
preceding fifty-two week period, does not exceed two thousand five
hundred dollars per week for each week for which tickets are sold; or
(e) is a not-for-profit, educational, charitable, or tax-exempt
organization which sells tickets to an event produced or presented by
the organization.
The attorney general may from time to time make, amend and rescind
such rules and regulations as are necessary to carry out the provisions
of this article, notwithstanding any other provision of this section,
providing for exemptions therefrom when he finds such action is not
inconsistent with the public interest and defining any terms, whether or
not used in this article, insofar as the definitions are not
inconsistent with the provisions of such article.