Ohio Code 1782.02 – Name
(A) The name of any limited partnership, as set forth in its certificate of limited partnership, shall include “Limited Partnership,” “L.P.,” “Limited,” or “Ltd.” and shall not contain the name of a limited partner unless either of the following are true:
Terms Used In Ohio Code 1782.02
- Certificate of limited partnership: means the certificate referred to in section 1782. See Ohio Code 1782.01
- 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.
- General partner: means a person who has been admitted to a limited partnership as a general partner in accordance with the partnership agreement and named in the certificate of limited partnership as a general partner. See Ohio Code 1782.01
- Limited partner: means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement. See Ohio Code 1782.01
- Partner: means a limited or general partner. See Ohio Code 1782.01
- 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.
- state: means the state of Ohio. See Ohio Code 1.59
(1) It is also the name of a general partner;
(2) The business of the limited partnership had been carried on under that name before the admission of that limited partner.
(B) The name of a limited partnership shall be distinguishable upon the records in the office of the secretary of state from all of the following:
(1) The name of any other limited partnership registered in the office of the secretary of state pursuant to this chapter, whether domestic or foreign;
(2) The name of any domestic corporation that is formed under Chapter 1701. or 1702. of the Revised Code or any foreign corporation that is registered pursuant to Chapter 1703 of the Revised Code;
(3) The name of any limited liability company registered in the office of the secretary of state pursuant to Chapter 1705. or 1706. of the Revised Code, whether domestic or foreign;
(4) The name of any limited liability partnership registered in the office of the secretary of state pursuant to Chapter 1775. or 1776. of the Revised Code, whether domestic or foreign;
(5) Any trade name the exclusive right to which is at the time in question registered in the office of the secretary of state pursuant to Chapter 1329 of the Revised Code.
Last updated September 10, 2021 at 10:40 AM