1. Except as otherwise provided in NRS 87A.635, the name proposed for a limited partnership as set forth in its certificate of limited partnership:
(a) Must contain the words "Limited Partnership," or the abbreviation "LP" or "L.P.";
(b) May contain the name of any partner; and
(c) 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 on the certificate of limited partnership submitted to the Secretary of State is not distinguishable from any name on file or reserved name, the Secretary of State shall return the certificate to the filer, unless the written, acknowledged consent to the use of the same or the requested similar name of the holder of the name on file or reserved name accompanies the certificate of limited partnership.
2. For the purposes of this section, a proposed name is not distinguished 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 limited partnership for any limited partnership formed or existing pursuant to the laws of this State which provides that the name of the limited partnership contains the word "accountant," "accounting," "accountancy," "auditor" or "auditing" unless the Nevada State Board of Accountancy certifies that the limited 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 limited 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 limited partnership for any limited partnership formed or existing pursuant to the laws of this State which provides that the name of the limited partnership contains the word "bank" or "trust" unless:
(a) It appears from the certificate of limited partnership that the limited 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 limited partnership is first approved by the Commissioner of Financial Institutions.
5. The Secretary of State shall not accept for filing any certificate of limited partnership for any limited partnership formed or existing pursuant to the provisions of this chapter if it appears from the certificate of limited partnership that the business to be carried on by the limited partnership is subject to supervision by the Commissioner of Insurance or by the Commissioner of Financial Institutions, unless the certificate of limited partnership is approved by the Commissioner who will supervise the business of the limited partnership.
6. Except as otherwise provided in subsection 5, the Secretary of State shall not accept for filing any certificate of limited partnership for any limited partnership formed or existing pursuant to the laws of this State which provides that the name of the limited 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 limited 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 limited 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 limited partnership for any limited partnership formed or existing pursuant to the laws of this State which provides that the name of the limited 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 limited 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 limited 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 limited partnership for any limited partnership formed or existing pursuant to the laws of this State which provides that the name of the limited 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 limited partnership that the purpose of the limited 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 limited 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 limited 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.
(Added to NRS by 2007, 441)
Structure Nevada Revised Statutes
Chapter 87A - Uniform Limited Partnership Act (2001)
NRS 87A.015 - "Certificate of limited partnership" defined.
NRS 87A.020 - "Contribution" defined.
NRS 87A.025 - "Debtor in bankruptcy" defined.
NRS 87A.030 - "Designated office" defined.
NRS 87A.035 - "Distribution" defined.
NRS 87A.040 - "Foreign limited partnership" defined.
NRS 87A.045 - "Foreign registered limited-liability limited partnership" defined.
NRS 87A.050 - "General partner" defined.
NRS 87A.055 - "Limited partner" defined.
NRS 87A.060 - "Limited partnership" defined.
NRS 87A.065 - "Partner" defined.
NRS 87A.070 - "Partnership agreement" defined.
NRS 87A.075 - "Person" defined.
NRS 87A.080 - "Person withdrawn as a general partner" defined.
NRS 87A.085 - "Principal office" defined.
NRS 87A.095 - "Registered agent" defined.
NRS 87A.100 - "Registered limited-liability limited partnership" defined.
NRS 87A.105 - "Required information" defined.
NRS 87A.108 - "Restricted limited partnership" defined.
NRS 87A.120 - "State" defined.
NRS 87A.130 - "Transfer" defined.
NRS 87A.135 - "Transferable interest" defined.
NRS 87A.140 - "Transferee" defined.
NRS 87A.150 - Knowledge and notice.
NRS 87A.170 - Supplemental principles of law; rate of interest.
NRS 87A.180 - Name of partnership: Reservation; transfer of right to exclusive use of reserved name.
NRS 87A.185 - Name of partnership: Reinstatement or revival under old or new name; regulations.
NRS 87A.190 - Effect of partnership agreement; nonwaivable provisions.
NRS 87A.205 - Business transactions of partner with partnership.
NRS 87A.220 - Registered agent: Revocation of appointment; change of name.
NRS 87A.230 - Consent and proxies of partners.
NRS 87A.235 - Formation of limited partnership; certificate of limited partnership.
NRS 87A.240 - Amendment or restatement of certificate.
NRS 87A.245 - Statement of termination.
NRS 87A.250 - Signing of records.
NRS 87A.255 - Signing and filing pursuant to judicial order.
NRS 87A.260 - Form required for filing of records.
NRS 87A.270 - Filing of records written in language other than English.
NRS 87A.280 - Partnership records: Microfilming; imaging; return.
NRS 87A.285 - Liability for false information in filed record.
NRS 87A.290 - Annual list: Filing requirements; fees; notice; regulations.
NRS 87A.295 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 87A.310 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 87A.320 - Becoming limited partner.
NRS 87A.325 - No right or power as limited partner to bind limited partnership.
NRS 87A.330 - No liability as limited partner for limited partnership obligations.
NRS 87A.335 - Right of limited partner and former limited partner to information.
NRS 87A.340 - Limited duties of limited partners.
NRS 87A.345 - Person erroneously believing self to be limited partner.
NRS 87A.350 - Becoming general partner.
NRS 87A.355 - General partner agent of limited partnership.
NRS 87A.360 - Limited partnership liable for actionable conduct of general partner.
NRS 87A.365 - Liability of general partner.
NRS 87A.370 - Actions by and against partnership and partners.
NRS 87A.375 - Management rights of general partner.
NRS 87A.380 - Right of general partner and former general partner to information.
NRS 87A.385 - General standards of conduct of general partner.
NRS 87A.390 - Form of contribution.
NRS 87A.395 - Liability for contribution.
NRS 87A.400 - Sharing of distributions.
NRS 87A.405 - Interim distributions.
NRS 87A.410 - No distribution on account of withdrawal.
NRS 87A.415 - Distribution in kind.
NRS 87A.420 - Right to distribution.
NRS 87A.425 - Limitations on distribution.
NRS 87A.427 - Limitations on distributions applicable to restricted limited partnerships.
NRS 87A.430 - Liability for improper distributions.
NRS 87A.435 - Withdrawal as limited partner.
NRS 87A.440 - Effect of withdrawal as limited partner.
NRS 87A.445 - Withdrawal as general partner.
NRS 87A.450 - Power of person to withdraw as general partner; wrongful withdrawal.
NRS 87A.455 - Effect of withdrawal as general partner.
NRS 87A.465 - Liability to other persons of person withdrawn as general partner.
NRS 87A.470 - Transferable interest of partner.
NRS 87A.475 - Transfer of transferable interest of partner.
NRS 87A.480 - Rights and remedies of creditor of partner.
NRS 87A.485 - Power of estate of deceased partner.
NRS 87A.490 - Nonjudicial dissolution.
NRS 87A.495 - Judicial dissolution.
NRS 87A.515 - Known claims against dissolved limited partnership.
NRS 87A.520 - Other claims against dissolved limited partnership.
NRS 87A.530 - Disposition of assets; when contributions are required.
NRS 87A.545 - Issuance of certificate of registration by Secretary of State.
NRS 87A.550 - Registration of name.
NRS 87A.555 - Amendments to application for registration.
NRS 87A.565 - Additional filing requirements for certain partnerships: Criteria; statement; fees.
NRS 87A.570 - Certificate of authorization to transact business.
NRS 87A.575 - Addresses of general partners required; failure to file.
NRS 87A.590 - Defaulting partnerships: Duties of Secretary of State.
NRS 87A.595 - Defaulting partnerships: Conditions and procedure for reinstatement.
NRS 87A.600 - Defaulting partnerships: Reinstatement or revival under old or new name; regulations.
NRS 87A.602 - Cancellation of registration without additional fees and penalties; regulations.
NRS 87A.605 - Cancellation of registration.
NRS 87A.610 - Penalty for transacting business without registration; enforcement; regulations.
NRS 87A.615 - Activities not constituting transaction of business.
NRS 87A.620 - Determination of whether solicitation is made or accepted.
NRS 87A.625 - Action by Attorney General to restrain transaction of business.
NRS 87A.645 - Termination of registration.
NRS 87A.655 - Name of foreign partnership.
NRS 87A.660 - Direct action by partner.
NRS 87A.665 - Derivative action.
NRS 87A.670 - Proper plaintiff.
NRS 87A.680 - Proceeds and expenses.
NRS 87A.685 - Uniformity of application and construction.
NRS 87A.690 - Relation to Electronic Signatures in Global and National Commerce Act.
NRS 87A.695 - Provisions for existing partnerships.
NRS 87A.700 - Operation of domestic partnership in another jurisdiction.