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(Code 1981, §14-9-102, enacted by Ga. L. 1988, p. 1016, § 1; Ga. L. 1989, p. 931, § 1; Ga. L. 1990, p. 257, § 34.)
- For note on 1989 amendment to this Code section, see 6 Ga. St. U. L. Rev. 184 (1989).
Note to Georgia Revised Uniform Partnership Act This section requires that the partnership name contain "limited partnership" or "l.p."; not contain a limited partner's name except in designated circumstances; be "distinguishable on the records of the Secretary of State" from the names of other firms listed on those records; and not contain words indicating that the business is organized other than as a limited partnership.
Prior Georgia Law Section 14-9A-22 prohibits the inclusion of the surname of a limited partner.
Comparison With Official RULPA Official RULPA prohibits the use of a name that is "deceptively similar to" the name of another corporation or limited partnership organized or qualified in the state. This test was rejected as too vague. The test adopted serves the principal concern from the standpoint of the limited partnership statute - facilitating the maintenance and distribution of records concerning limited liability firms. Note that the Section does not preclude liability under the law of unfair trade practices for use of a deceptively similar name.
Subsection (b) permits a limited partnership that was formed prior to July 1, 1988 and that elects to adopt this Act to adopt a name that would otherwise be unavailable to the partnership by adding as necessary "(L.P.)" or certain marks that would distinguish the name on the records of the Secretary of State.
Note to 1990 Amendment The 1990 amendment deleted an extraneous clause at the end of subsection (a)(3).
Cross-Reference Election by pre-existing partnership to adopt this Act: § 14-9-1201(b).
- 59A Am. Jur. 2d, Partnership, § 778.
- 68 C.J.S., Partnership, § 562.
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This Georgia Code resource is curated by Georgia Bar member Graham W. Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.