Nevada Code § 88.320

Name of partnership: Distinguishable name required; limitations; availability of name of forfeited, merged or otherwise terminated partnership; regulations
Open in Lexace · Ask the AI about this section
1. Except as otherwise provided in NRS 88.6065 , the name proposed for a limited
partnership as set forth in its certificate of limited partnership:
(a) Must contain the words Limited Partnership,
or the abbreviation LP or L.P.;
(b) May not contain the name of a limited partner
unless:
(1) It is also the name of a general
partner or the corporate name of a corporate general partner; or
(2) The business of the limited
partnership had been carried on under that name before the admission of that
limited partner; and
(c) Must be distinguishable on the records of the
Secretary of State from the names of all other artificial persons formed,
organized, registered or qualified pursuant to the provisions of this title
that are on file in the Office of the Secretary of State and all names that are
reserved in the Office of the Secretary of State pursuant to the provisions of
this title. If the name on the certificate of limited partnership submitted to
the Secretary of State is not distinguishable from any name on file or reserved
name, the Secretary of State shall return the certificate to the filer, unless
the written, acknowledged consent to the use of the same or the requested
similar name of the holder of the name on file or reserved name accompanies the
certificate of limited partnership.
2. For the purposes of this section, a
proposed name is not distinguished from a name on file or reserved name solely
because one or the other contains distinctive lettering, a distinctive mark, a
trademark or a trade name, or any combination thereof.
3. The Secretary of State shall not accept
for filing any certificate of limited partnership for any limited partnership
formed or existing pursuant to the laws of this State which provides that the
name of the limited partnership contains the word accountant, accounting,
accountancy, auditor or auditing unless the Nevada State Board of
Accountancy certifies that the limited partnership:
(a) Is registered pursuant to the provisions of chapter 628 of NRS; or
(b) Has filed with the Nevada State Board of
Accountancy under penalty of perjury a written statement that the limited
partnership is not engaged in the practice of accounting and is not offering to
practice accounting in this State.
4. The Secretary of State shall not accept
for filing any certificate of limited partnership for any limited partnership
formed or existing pursuant to the laws of this State which provides that the
name of the limited partnership contains the word bank or trust unless:
(a) It appears from the certificate of limited
partnership that the limited partnership proposes to carry on business as a
banking or trust company, exclusively or in connection with its business as a
bank, savings and loan association, savings bank or thrift company; and
(b) The certificate of limited partnership is
first approved by the Commissioner of Financial Institutions.
5. The Secretary of State shall not accept
for filing any certificate of limited partnership for any limited partnership
formed or existing pursuant to the provisions of this chapter if it appears
from the certificate of limited partnership that the business to be carried on
by the limited partnership is subject to supervision by the Commissioner of
Insurance or by the Commissioner of Financial Institutions, unless the
certificate of limited partnership is approved by the Commissioner who will
supervise the business of the limited partnership.
6. Except as otherwise provided in
subsection 5, the Secretary of State shall not accept for filing any
certificate of limited partnership for any limited partnership formed or
existing pursuant to the laws of this State which provides that the name of the
limited partnership contains the words engineer, engineered, engineering,
professional engineer, registered engineer or licensed engineer unless:
(a) The State Board of Professional Engineers and
Land Surveyors certifies that the principals of the limited partnership are
licensed to practice engineering pursuant to the laws of this State; or
(b) The State Board of Professional Engineers and
Land Surveyors certifies that the limited partnership is exempt from the
prohibitions of NRS 625.520 .
7. Except as otherwise provided in
subsection 5, the Secretary of State shall not accept for filing any
certificate of limited partnership for any limited partnership formed or
existing pursuant to the laws of this State which provides that the name of the
limited partnership contains the words architect, architecture, registered
architect, licensed architect, registered interior designer, registered
interior design, residential designer, registered residential designer,
licensed residential designer or residential design unless the State Board
of Architecture, Interior Design and Residential Design certifies that:
(a) The principals of the limited partnership are
holders of a certificate of registration to practice architecture or
residential design or to practice as a registered interior designer, as
applicable, pursuant to the laws of this State; or
(b) The limited partnership is qualified to do
business in this State pursuant to NRS
623.349 .
8. The Secretary of State shall not accept
for filing any certificate of limited partnership for any limited partnership
formed or existing pursuant to the laws of this State which provides that the
name of the limited partnership contains the words common-interest community,
community association, master association, unit-owners association or
homeowners association or if it appears in the certificate of limited
partnership that the purpose of the limited partnership is to operate as a
unit-owners association pursuant to chapter 116 or 116B of NRS unless the Administrator of
the Real Estate Division of the Department of Business and Industry certifies
that the limited partnership has:
(a) Registered with the Ombudsman for Owners in
Common-Interest Communities and Condominium Hotels pursuant to NRS 116.31158 or 116B.625 ; and
(b) Paid to the Administrator of the Real Estate
Division the fees required pursuant to NRS
116.31155 or 116B.620 .
9. The name of a limited partnership whose
right to transact business has been forfeited, which has merged and is not the
surviving entity or whose existence has otherwise terminated is available for
use by any other artificial person.
10. The Secretary of State may adopt
regulations that interpret the requirements of this section.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.