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Statutes Text

Article - Corporations and Associations




§1–502.

    (a)    (1)    The name of a corporation must include one of the following words or an abbreviation of one of the following words:

            (i)    “Company”, if it is not preceded by the word “and” or a symbol for the word “and”;

            (ii)    “Corporation”;

            (iii)    “Incorporated”; or

            (iv)    “Limited”.

        (2)    If a corporation is a benefit corporation, the name of the benefit corporation must include:

            (i)    The words “benefit corporation”;

            (ii)    “Benefit Corp.”;

            (iii)    The words “benefit company”, if not preceded by the word “and” or a symbol for the word “and”; or

            (iv)    “Benefit Co.”, if not preceded by the word “and” or a symbol for the word “and”.

    (b)    (1)    The name of a limited liability company must include:

            (i)    The words “limited liability company”;

            (ii)    “L.L.C.”;

            (iii)    “LLC”;

            (iv)    “L.C.”; or

            (v)    “LC”.

        (2)    If a limited liability company is a benefit limited liability company, the name of the benefit limited liability company must include:

            (i)    The words “benefit limited liability company”;

            (ii)    “Benefit L.L.C.”;

            (iii)    “Benefit LLC”;

            (iv)    “Benefit L.C.”; or

            (v)    “Benefit LC”.

    (c)    The name of a limited liability partnership must include:

        (1)    The words “limited liability partnership”;

        (2)    “L.L.P.”; or

        (3)    “LLP”.

    (d)    The name of a limited partnership must include:

        (1)    The words “limited partnership”;

        (2)    “L.P.”; or

        (3)    “LP”.

    (e)    The name of a limited liability limited partnership must include:

        (1)    The words “limited liability limited partnership”;

        (2)    “L.L.L.P.”; or

        (3)    “LLLP”.

    (f)    (1)    The corporate name of a professional corporation must include:

            (i)    The word “chartered”;

            (ii)    The abbreviation “chtd.”;

            (iii)    The words “professional association”;

            (iv)    The abbreviation “P.A.”;

            (v)    The words “professional corporation”; or

            (vi)    The abbreviation “P.C.”.

        (2)    A professional corporation need not use any word specified under paragraph (1) of this subsection if:

            (i)    The corporation has registered the name to be used in the manner provided in § 1–406 of this title; and

            (ii)    The name is the same as its corporate name except for the allowable omissions.



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