7 ms·

My favorite is the NY LLC publishing requirement. To start a business you must publish that you started a business for 6 consecutive weeks which costs thousand

My favorite is the NY LLC publishing requirement. To start a business you must publish that you started a business for 6 consecutive weeks which costs thousands. Wonder what back door corrupt deal was made on that one.

lmilcin 6y ago
I can only suspect that this made sense at some point in time when wealthy people started their day with a pipe and a magazine to read.
- trident5000 6y ago
  Points to another issue that there is no active effort to reduce old laws so they just pile up.
WaitWaitWha 6y ago
Got a better one. Try to buy a car in the USA, directly from a manufacturer.
- skykooler 6y ago
  Which is why there are many states in which you can't buy a Tesla (since they sell directly from the manufacturer).
drewbug 6y ago
Thousands?
tomtheelder 6y ago
That one is just an archaic rule, but I registered an LLC in NY for like $200 all in. Services will publish for you in random publications for that cost. Still annoying, but not a huge deal realistically.
- xmprt 6y ago
  What does the law achieve? It seems like such a massive waste of money. Why does it need to be a physical publication when a digital publication is cheaper and can have just as much if not more reach?
tchock23 6y ago
It doesn't cost thousands. It's at most $200 or so to publish in two newspapers. Where I'm from people always pick the Jewish Ledger because it's something like $79 for an ad publishing a LLC. It's a dumb rule regardless, but please don't blow the costs out of proportion.
prewett 6y ago
Based on my reading of O'Henry stories, my guess is that law exists because people were selling stock in scam mining companies with mines in the West back in the late 1800s / early 1900s. If you had to advertise that you were starting a business, then people could look up your company and discover that it is unlikely that your company had $$$ of gold deposits in Colorado.

lmilcin 6y ago

I can only suspect that this made sense at some point in time when wealthy people started their day with a pipe and a magazine to read.

trident5000 6y ago
Points to another issue that there is no active effort to reduce old laws so they just pile up.

WaitWaitWha 6y ago

Got a better one. Try to buy a car in the USA, directly from a manufacturer.

skykooler 6y ago
Which is why there are many states in which you can't buy a Tesla (since they sell directly from the manufacturer).

drewbug 6y ago

Thousands?

tomtheelder 6y ago

That one is just an archaic rule, but I registered an LLC in NY for like $200 all in. Services will publish for you in random publications for that cost. Still annoying, but not a huge deal realistically.

xmprt 6y ago
What does the law achieve? It seems like such a massive waste of money. Why does it need to be a physical publication when a digital publication is cheaper and can have just as much if not more reach?

tchock23 6y ago

It doesn't cost thousands. It's at most $200 or so to publish in two newspapers. Where I'm from people always pick the Jewish Ledger because it's something like $79 for an ad publishing a LLC. It's a dumb rule regardless, but please don't blow the costs out of proportion.

prewett 6y ago

Based on my reading of O'Henry stories, my guess is that law exists because people were selling stock in scam mining companies with mines in the West back in the late 1800s / early 1900s. If you had to advertise that you were starting a business, then people could look up your company and discover that it is unlikely that your company had $$$ of gold deposits in Colorado.