Maryland § 1-502 - IN EFFECT
Full text of Maryland Maryland Code § 1-502 — IN EFFECT, with citation guidance and answers to common questions.
§ 1-502. IN EFFECT
IN EFFECT
(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”.
(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”.
(c) The name of a limited liability partnership must include:
(1) The words “limited liability partnership”;
(2) “L.L.P.”; or
(3) “LLP”.
(d) The name of a limited partnership must include:
(1) The words “limited partnership”;
(2) “L.P.”; or
(3) “LP”.
(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”.
(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.
§1–502. ** TAKES EFFECT OCTOBER 1, 2026 PER CHAPTERS 198 AND 199 OF 2025 **
(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”.
(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”.
(c) The name of a limited liability partnership must include:
(1) The words “limited liability partnership”;
(2) “L.L.P.”; or
(3) “LLP”.
(d) The name of a limited partnership must include:
(1) The words “limited partnership”;
(2) “L.P.”; or
(3) “LP”.
(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”.
(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.
(g) The name of a limited worker cooperative association must include:
(1) The words “limited worker cooperative association”;
(2) L.W.C.A.; or
(3) LWCA.
Frequently Asked Questions About Maryland § 1-502
What does Maryland Code § 1-502 cover?
Section 1-502 ("IN EFFECT") is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 1-502?
A common citation format is "Maryland Code § 1-502" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 1-502 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.