Legislation
SECTION 94
Name not to contain surname of limited partner; exceptions
Partnership (PTR) CHAPTER 39, ARTICLE 8
§ 94. Name not to contain surname of limited partner; exceptions. (1)
The surname of a limited partner shall not appear in the partnership
name, unless
(a) It is also the surname of a general partner, or
(b) Prior to the time when the limited partner became such the
business had been carried on under a name in which his surname appeared.
(2) A limited partner whose name appears in a partnership name
contrary to the provisions of subdivision one of this section is liable
as a general partner to partnership creditors who extend credit to the
partnership without actual knowledge that he is not a general partner.
The surname of a limited partner shall not appear in the partnership
name, unless
(a) It is also the surname of a general partner, or
(b) Prior to the time when the limited partner became such the
business had been carried on under a name in which his surname appeared.
(2) A limited partner whose name appears in a partnership name
contrary to the provisions of subdivision one of this section is liable
as a general partner to partnership creditors who extend credit to the
partnership without actual knowledge that he is not a general partner.