Home Table of Contents

§ 1-502. Names, contents and restrictions

West's Annotated Code of MarylandCorporations and AssociationsEffective: June 1, 2011

West's Annotated Code of Maryland
Corporations and Associations
Title 1. General Provisions (Refs & Annos)
Subtitle 5. Entity Names (Refs & Annos)
Effective: June 1, 2011
MD Code, Corporations and Associations, § 1-502
§ 1-502. Names, contents and restrictions
Corporations
(a)(1) The name of a corporation must include one of the following words or an abbreviation of one of the following words:
(i) “Company”, if it is not preceded by the word “and” or a symbol for the word “and”;
(ii) “Corporation”;
(iii) “Incorporated”; or
(iv) “Limited”.
(2) If a corporation is a benefit corporation, the name of the benefit corporation must include:
(i) The words “benefit corporation”;
(ii) “Benefit Corp.”;
(iii) The words “benefit company”, if not preceded by the word “ and” or a symbol for the word “and”; or
(iv) “Benefit Co.”, if not preceded by the word “and” or a symbol for the word “and”.
Limited liability companies
(b)(1) The name of a limited liability company must include:
(i) The words “limited liability company”;
(ii) “L.L.C.”;
(iii) “LLC”;
(iv) “L.C.”; or
(v) “LC”.
(2) If a limited liability company is a benefit limited liability company, the name of the benefit limited liability company must include:
(i) The words “benefit limited liability company”;
(ii) “Benefit L.L.C.”;
(iii) “Benefit LLC”;
(iv) “Benefit L.C.”; or
(v) “Benefit LC”.
Limited liability partnerships
(c) The name of a limited liability partnership must include:
(1) The words “limited liability partnership”;
(2) “L.L.P.”; or
(3) “LLP”.
Limited partnerships
(d) The name of a limited partnership must include:
(1) The words “limited partnership”;
(2) “L.P.”; or
(3) “LP”.
Limited liability limited partnerships
(e) The name of a limited liability limited partnership must include:
(1) The words “limited liability limited partnership”;
(2) “L.L.L.P.”; or
(3) “LLLP”.
Professional corporations
(f)(1) The corporate name of a professional corporation must include:
(i) The word “chartered”;
(ii) The abbreviation “chtd.”;
(iii) The words “professional association”;
(iv) The abbreviation “P.A.”;
(v) The words “professional corporation”; or
(vi) The abbreviation “P.C.”.
(2) A professional corporation need not use any word specified under paragraph (1) of this subsection if:
(i) The corporation has registered the name to be used in the manner provided in § 1-406 of this title; and
(ii) The name is the same as its corporate name except for the allowable omissions.

Credits

Added by Acts 1998, c. 222, § 1, eff. Oct. 1, 1998. Amended by Acts 1999, c. 34, § 1, eff. April 13, 1999; Acts 2011, c. 500, § 2, eff. June 1, 2011; Acts 2011, c. 501, § 2, eff. June 1, 2011.
MD Code, Corporations and Associations, § 1-502, MD CORP & ASSNS § 1-502
Current through all legislation from the 2019 Regular Session of the General Assembly.
End of Document© 2020 Thomson Reuters. No claim to original U.S. Government Works.