(a) The name of a limited liability company shall contain: (1) One of the following phrases: "limited liability company" or "limited company"; (2) one of the following abbreviations: "L.L.C." or "L.C."; or (3) one of the following designations: "LLC" or "LC." (b) The name of a limited liability company may contain the name of a member or manager. (c) The name of a limited liability company may contain one or more of the following words: "Company"; "association"; "club"; "foundation"; "fund"; "institute"; "society"; "union"; "syndicate"; "limited"; "trust" or abbreviations of like import. (d) This section shall take effect on and after January 1, 2015.
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