Section 94. Name not to contain surname of limited partner; exceptions  


Latest version.
  • (1)
      The  surname  of  a  limited partner shall not appear in the partnership
      name, unless
        (a) It is also the surname of a general partner, or
        (b) Prior to the  time  when  the  limited  partner  became  such  the
      business had been carried on under a name in which his surname appeared.
        (2)  A  limited  partner  whose  name  appears  in  a partnership name
      contrary to the provisions of subdivision one of this section is  liable
      as  a  general partner to partnership creditors who extend credit to the
      partnership without actual knowledge that he is not a general partner.