Nevada Revised Statutes 628.550 – Unlawful use of title or designation which falsely indicates or implies existence of partnership, corporation or limited-liability company; misleading name prohibited
1. A person shall not assume or use the title or designation ‘certified public accountant’ or ‘public accountant’ in conjunction with names indicating or implying that there is a partnership, corporation or limited-liability company, or in conjunction with the designation ‘and Company’ or ‘and Co.’ or a similar designation, if there is in fact no bona fide partnership, corporation or limited-liability company:
Terms Used In Nevada Revised Statutes 628.550
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
(a) Registered under NRS 628.335; or
(b) Granted practice privileges pursuant to the provisions of NRS 628.315.
2. A person, partnership, corporation or limited-liability company shall not engage in the practice of public accounting under any name which is misleading as to:
(a) The legal form of the firm;
(b) The persons who are partners, officers, shareholders or members; or
(c) Any other matter. The names of past partners, shareholders or members may be included in the name of a firm or its successors.