2006 Kentucky Revised Statutes - .114   Partnership names.

362.1-114 Partnership names. (1) Except as authorized by subsections (2) and (3) of this section, the name of a partnership as set forth on a statement of qualification or statement of foreign qualification shall be distinguishable from any name of record with the Secretary of State. (2) No partnership may include in its name "corporation," "incorporated," or the abbreviations "corp." or "inc." and only a partnership that has filed a statement of qualification or a statement of foreign qualification may include in its name "limited" or the abbreviation "ltd." (3) A partnership may use the name, including the fictitious name, with any modification required by this section or KRS 362.1-1002 of another business entity that is used in this Commonwealth if the other business entity is organized or authorized to transact business in this Commonwealth and the partnership: (a)  Has merged with the other business entity; (b)  Has been formed by reorganization of the other business entity; or (c)  Has acquired all or substantially all of the assets, including the business name, of the other business entity. (4) This subchapter shall not control the use of assumed names. (5) The filing of a statement, including statement of qualification or statement of foreign qualification, under the particular name of the partnership shall not automatically prevent the use of that name or protect that name from use by other persons. (6) If a foreign limited liability partnership authorized to transact business in this Commonwealth changes its name to one that does not satisfy the requirements of this section, then it shall not transact business in this Commonwealth under the changed name until it adopts a name satisfying the requirements of this section and amends its statement of foreign qualification to set forth that name. Effective: July 12, 2006 History: Created 2006 Ky. Acts ch. 149, sec. 14, effective July 12, 2006. Page 1 of 1