Chapter 550 of the Laws of 2011 amends the Business Corporation Law and the Education Law to authorize a new type of professional service corporation to be known as a "design professional service corporation", or "D.P.C." Unlike existing business structures, design professional service corporations will have the flexibility of offering an ownership interest in the corporation to non-licensees. Chapter 550 also requires that greater than 75% of the stock be owned by design professionals, that greater than 75% of the directors and officers be licensed and registered design professionals, and that the largest single shareholder be a licensed and registered design professional or, with certain restrictions, an Employee Stock Ownership Plan (ESOP). The president, chief executive officer and the chair of the board of directors also must be licensed and registered design professionals.
You can access additional information and frequently asked questions and answers at http://www.op.nysed.gov/corp/pcorpdpc.htm.
An architect licensed and registered in New York provides services related to the design and construction of buildings and the spaces around them, where the safeguarding of life, health, property, and public welfare is concerned. These design and construction services typically include the following:
- preliminary studies
- construction documents and management
- administration of construction contracts
You might retain an architect to:
- evaluate a house's structural integrity and mechanical, electrical, and plumbing systems.
- design a new home or to design an addition to an existing home.
- design the water and sewerage systems, storm drainage facility, and/or layout for a housing development or other tract of land.
- assist in the development of a property.
Architects design all types of buildings - the actual structure, the interiors, and the land around them.