Nevada § 87.450 - Name of partnership: Distinguishable name required; limitations; availability of name of forfeited, merged or otherwise terminated partnership; regulations

§ 87.450. Name of partnership: Distinguishable name required; limitations; availability of name of forfeited, merged or otherwise terminated partnership; regulations

1. The name proposed for a registered limited-liability partnership must contain the

words “Limited-Liability Partnership” or “Registered Limited-Liability Partnership”

or the abbreviation “L.L.P.” or “LLP” as the last words or letters of the name and

must be distinguishable on the records of the Secretary of State from the names of

all other artificial persons formed, organized, registered or qualified pursuant to

the provisions of this title that are on file in the Office of the Secretary of State

and all names that are reserved in the Office of the Secretary of State pursuant to

the provisions of this title. If the name of the registered limited-liability partnership on a certificate of

registration of limited-liability partnership submitted to the Secretary of State

is not distinguishable from a name on file or reserved name, the Secretary of State

shall return the certificate to the person who signed it unless the written, acknowledged

consent of the holder of the name on file or reserved name to use the name accompanies

the certificate. 2. For the purposes of this section, a proposed name is not distinguishable from a

name on file or reserved name solely because one or the other contains distinctive

lettering, a distinctive mark, a trademark or a trade name, or any combination thereof. 3. The Secretary of State shall not accept for filing any certificate of registration

or certificate of amendment of a certificate of registration of any registered limited-liability

partnership formed or existing pursuant to the laws of this State which provides that

the name of the registered limited-liability partnership contains the word “accountant,”

“accounting,” “accountancy,” “auditor” or “auditing” unless the Nevada State Board

of Accountancy certifies that the registered limited-liability partnership: (a) Is registered pursuant to the provisions of chapter 628 of NRS ; or (b) Has filed with the Nevada State Board of Accountancy under penalty of perjury

a written statement that the registered limited-liability partnership is not engaged

in the practice of accounting and is not offering to practice accounting in this State. 4. The Secretary of State shall not accept for filing any certificate of registration

or certificate of amendment of a certificate of registration of any registered limited-liability

partnership formed or existing pursuant to the laws of this State which provides that

the name of the registered limited-liability partnership contains the word “bank”

or “trust” unless: (a) It appears from the certificate of registration or the certificate of amendment

that the registered limited-liability partnership proposes to carry on business as

a banking or trust company, exclusively or in connection with its business as a bank,

savings and loan association, savings bank or thrift company; and (b) The certificate of registration or certificate of amendment is first approved

by the Commissioner of Financial Institutions. 5. The Secretary of State shall not accept for filing any certificate of registration

or certificate of amendment of a certificate of registration of any registered limited-liability

partnership formed or existing pursuant to the provisions of this chapter if it appears

from the certificate of registration or the certificate of amendment that the business

to be carried on by the registered limited-liability partnership is subject to supervision

by the Commissioner of Insurance or by the Commissioner of Financial Institutions,

unless the certificate of registration or certificate of amendment is approved by

the Commissioner who will supervise the business of the registered limited-liability

partnership. 6. Except as otherwise provided in subsection 5, the Secretary of State shall not

accept for filing any certificate of registration or certificate of amendment of a

certificate of registration of any registered limited-liability partnership formed

or existing pursuant to the laws of this State which provides that the name of the

registered limited-liability partnership contains the words “engineer,” “engineered,”

“engineering,” “professional engineer,” “registered engineer” or “licensed engineer”

unless: (a) The State Board of Professional Engineers and Land Surveyors certifies that the

principals of the registered limited-liability partnership are licensed to practice

engineering pursuant to the laws of this State; or (b) The State Board of Professional Engineers and Land Surveyors certifies that the

registered limited-liability partnership is exempt from the prohibitions of NRS 625.520 . 7. Except as otherwise provided in subsection 5, the Secretary of State shall not

accept for filing any certificate of registration or certificate of amendment of a

certificate of registration of any registered limited-liability partnership formed

or existing pursuant to the laws of this State which provides that the name of the

registered limited-liability partnership contains the words “architect,” “architecture,”

“registered architect,” “licensed architect,” “registered interior designer,” “registered

interior design,” “residential designer,” “registered residential designer,” “licensed

residential designer” or “residential design” unless the State Board of Architecture,

Interior Design and Residential Design certifies that: (a) The principals of the registered limited-liability partnership are holders of

a certificate of registration to practice architecture or residential design or to

practice as a registered interior designer, as applicable, pursuant to the laws of

this State; or (b) The registered limited-liability partnership is qualified to do business in this

State pursuant to NRS 623.349 . 8. The Secretary of State shall not accept for filing any certificate of registration

or certificate of amendment of a certificate of registration of any registered limited-liability

partnership formed or existing pursuant to the laws of this State which provides that

the name of the registered limited-liability partnership contains the words “common-interest

community,” “community association,” “master association,” “unit-owners' association”

or “homeowners' association” or if it appears in the certificate of registration or

certificate of amendment that the purpose of the registered limited-liability partnership

is to operate as a unit-owners' association pursuant to chapter 116 or 116B of NRS unless the Administrator of the Real Estate Division of the Department of Business

and Industry certifies that the registered limited-liability partnership has: (a) Registered with the Ombudsman for Owners in Common-Interest Communities and Condominium

Hotels pursuant to NRS 116.31158 or 116B.625 ; and (b) Paid to the Administrator of the Real Estate Division the fees required pursuant

to NRS 116.31155 or 116B.620 . 9. The name of a registered limited-liability partnership whose right to transact

business has been forfeited, which has merged and is not the surviving entity or whose

existence has otherwise terminated is available for use by any other artificial person. 10. The Secretary of State may adopt regulations that interpret the requirements of

this section.