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MONTANA STATUTES AND CODES

35-12-505. Name.


     35-12-505. Name. (1) The name of each limited partnership as set forth in its certificate of limited partnership:
     (a) must contain the words "limited partnership", the abbreviation "l.p.", or the designation "lp";
     (b) may not contain the name of a limited partner unless:
     (i) it is also the name of a general partner; or
     (ii) the business of the limited partnership had been carried on under that name before the admission of that limited partner;
     (c) may not contain business name identifiers, as defined in 30-13-201, or other language that states or implies that the limited partnership is other than a limited partnership; and
     (d) must be distinguishable on the record from the name of any corporation, limited partnership, or limited liability company organized under the laws of this state or licensed or registered as a foreign corporation or limited partnership in this state.
     (2) The use of a limited partnership's name by another corporation, limited partnership, or limited liability company is governed by 35-1-308.

     History: En. Sec. 5, Ch. 522, L. 1981; amd. Sec. 88, Ch. 120, L. 1993; amd. Sec. 5, Ch. 268, L. 1997; amd. Sec. 22, Ch. 229, L. 1999; amd. Sec. 8, Ch. 27, L. 2001.

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