79-14-102 - Name.
§ 79-14-102. Name.
(a) The name of each limited partnership as set forth in its certificate of limited partnership:
(1) Must contain the words "limited partnership" or the abbreviation "L.P.";
(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) Except as authorized by subsection (b) of this section, must be distinguishable from (i) the name of any corporation or limited partnership organized under the laws of this state or licensed or registered as a foreign corporation or foreign limited partnership in this state; and (ii) a corporate or partnership name reserved or registered under this chapter or the Mississippi Business Corporation Act;
(4) May not contain the following words: "bank," "banker," "bankers," "banking," "trust company," "insurance," "trust," "corporation," "incorporated," or any combination thereof, or any words of similar import.
(b) A limited partnership may apply to the Secretary of State for authorization to use a name that is not distinguishable upon his records from one or more of the names described in subsection (a)(3) of this section. The Secretary of State shall authorize the use of the name applied for if:
(1) The other limited partnership or corporation consents to the use in writing and submits an undertaking in form satisfactory to the Secretary of State to change its name to a name that is distinguishable upon the records of the Secretary of State from the name of the applying limited partnership; or
(2) The applicant delivers to the Secretary of State a certified copy of the final judgment of a court of competent jurisdiction establishing the applicant's right to use the name applied for in this state.
Sources: Laws, 1987, ch. 488, § 102; Laws, 1990, ch. 385, § 1, eff from and after passage (approved March 13, 1990).