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Maryland Code, Corporations and Associations § 1-503

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) An entity name may not contain language stating or implying that the entity is organized for a purpose other than that allowed by the entity's:

(1) Articles of incorporation, if the entity is a corporation;

(2) Articles of organization, if the entity is a limited liability company;

(3) Certificate of limited liability partnership, if the entity is a limited liability partnership;

(4) Certificate of limited partnership, if the entity is a limited partnership; or

(5) Articles of incorporation, if the entity is a professional corporation.

(b) The name of a limited partnership may not contain the name of a limited partner unless:

(1) It is also the name of a general partner; or

(2) The business of the limited partnership had been carried on under the name before the admission of that limited partner.

(c) Except for words specified in § 1-502(f) of this subtitle, the name of a professional corporation may not use any other word, abbreviation, affix, or prefix that indicates it is a corporation.

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Cite this article: FindLaw.com - Maryland Code, Corporations and Associations § 1-503 - last updated January 01, 2025 | https://codes.findlaw.com/md/corporations-and-associations/md-code-corp-and-assns-sect-1-503/

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