§ 50-73.2. Name
The name of each limited partnership as set forth in its certificate of limited partnership:
1. Shall either: (i) contain the words "limited partnership" or "a limited partnership" or the abbreviations "L.P." or "LP" or (ii) in the case of a limited partnership that is also a limited liability partnership, comply with the requirements of clause (ii) of subdivision A 2 of § 50-73.78;
2. May not contain the name of a limited partner unless (i) it is also the name of a general partner or the corporate name of a corporate general partner, or (ii) the business of the limited partnership had been carried on under that name before the admission of that limited partner;
3. [Repealed.]
4. Shall be distinguishable upon the records of the Commission from:
a. The name of a domestic limited partnership or a foreign limited partnership registered pursuant to this chapter;
b. A limited partnership name reserved under this chapter;
c. The designated name adopted by a foreign limited partnership because its real name is unavailable for use in this Commonwealth;
d. The name of any corporation, whether issuing shares or not issuing shares, existing under the laws of this Commonwealth or authorized to transact business in this Commonwealth;
e. A corporate name reserved or registered under § 13.1-631, 13.1-632, 13.1-830 or 13.1-831;
f. The designated name adopted by a foreign corporation, whether issuing shares or not issuing shares, because its real name is unavailable for use in this Commonwealth;
g. The name of a domestic limited liability company or a foreign limited liability company registered to transact business in this Commonwealth;
h. A limited liability company name reserved under § 13.1-1013;
i. The designated name adopted by a foreign limited liability company because its real name is unavailable for use in this Commonwealth;
j. The name of a domestic business trust or a foreign business trust registered to transact business in this Commonwealth;
k. A business trust name reserved under § 13.1-1215; and
l. The designated name adopted by a foreign business trust because its real name is unavailable for use in this Commonwealth; and
5. Shall not contain the word "Corporation" or "Incorporated" or the abbreviation "Corp." or "Inc."
The Commission, in determining whether the name of a limited partnership is distinguishable upon its records from the name of any of the business entities listed in subdivision 4, shall not consider any word, phrase, abbreviation, or designation required or permitted under this section and § 13.1-544.1, subsection A of § 13.1-630, subsection A of § 13.1-1012, § 13.1-1104, and subdivision A 2 of § 50-73.78 to be contained in the name of a business entity formed or organized under the laws of this Commonwealth or authorized or registered to transact business in this Commonwealth.
(1985, c. 607; 1987, c. 702; 1998, c. 163; 2003, cc. 340, 592; 2005, c. 379.)
Sections: Previous 50-73.1 50-73.2 50-73.3 50-73.4 50-73.5 50-73.6 50-73.7 50-73.8 50-73.9 50-73.10 50-73.10:1 50-73.11 50-73.11:1 50-73.11:2 50-73.11:3 NextLast modified: April 16, 2009