New York Consolidated Laws, Partnership Law - PTR § 82. Fictitious firm names prohibited

No person shall hereafter transact business in the name of a partner not interested in his firm, and when the designation “and company,” or “and Co.” is used, it shall represent an actual partner;  but a violation of this section shall not be a defense in an action or proceeding brought by an assignee for the benefit of creditors or by a receiver of the property of or by an executor or administrator of a person who has violated the same.