Vermont Statutes
Chapter 23 - Limited Partnerships
§ 3402. Name

§ 3402. Name
(a) The name of each limited partnership as set forth in its certificate of limited partnership:
(1) shall contain the words “Limited Partnership,” or the letters “L.P.”;
(2) may not contain the name of a limited partner unless it is also the name of a general partner or the corporate name of a corporate general partner, or the business of the limited partnership had been carried on under that name before the admission of that limited partner;
(3) shall be distinguishable in the records of the Secretary of State from the name of any corporation, limited liability company, limited liability partnership, or limited partnership organized under the laws of this State or licensed or registered as a foreign corporation, limited liability company, limited liability partnership, or limited partnership in this State; and
(4) may not contain the following words: “corporation,” “incorporated,” “limited” by itself, “limited liability company,” “limited company,” or the abbreviations “corp.,” “Inc.,” or “Ltd.”
(b) A person intending to operate a postsecondary school, as defined in 16 V.S.A. §§ 176 and 176a, shall apply for a certificate of approval from the State Board of Education prior to registering a name under this chapter. (Added 1997, No. 149 (Adj. Sess.), § 4, eff. Jan. 1, 1999; amended 2003, No. 107 (Adj. Sess.), § 17; 2015, No. 17, § 6.)

Structure Vermont Statutes

Vermont Statutes

Title 11 - Corporations, Partnerships and Associations

Chapter 23 - Limited Partnerships

§ 3401. Definitions

§ 3402. Name

§ 3403. Reservation of name

§ 3404. Specified office and agent

§ 3405. Records to be kept

§ 3406. Nature of business

§ 3407. Business transactions of partner with partnership

§ 3411. Certificate of limited partnership

§ 3412. Amendment to certificate

§ 3413. Cancellation of certificate

§ 3414. Execution of certificates

§ 3415. Execution by judicial act

§ 3416. Filing in Office of Secretary of State

§ 3417. Liability for false statement in certificate

§ 3418. Scope of notice

§ 3419. Delivery of certificates to limited partners

§ 3420. Fees

§ 3421. Admission of limited partners

§ 3422. Voting

§ 3423. Liability to third parties

§ 3424. Person erroneously believing himself or herself limited partner

§ 3425. Information

§ 3431. Admission of additional general partners

§ 3432. Events of withdrawal

§ 3433. General powers and liabilities

§ 3434. Contributions by general partner

§ 3435. Voting

§ 3441. Form of contribution

§ 3442. Liability for contribution

§ 3443. Sharing of profits and losses

§ 3444. Sharing of distributions

§ 3451. Interim distributions

§ 3452. Withdrawal of general partner

§ 3453. Withdrawal of limited partner

§ 3454. Distribution upon withdrawal

§ 3455. Distribution in kind

§ 3456. Right to distribution

§ 3457. Limitations on distribution

§ 3458. Liability upon return of contribution

§ 3461. Nature of partnership interest

§ 3462. Assignment of partnership interest

§ 3463. Rights of creditor

§ 3464. Right of assignee to become limited partner

§ 3465. Power of estate of deceased or partner who is incompetent

§ 3471. Nonjudicial dissolution

§ 3472. Judicial dissolution

§ 3473. Winding up

§ 3474. Distribution of assets

§ 3481. Law governing

§ 3482. Registration

§ 3483. Issuance of registration

§ 3484. Name

§ 3485. Changes and amendments

§ 3486. Cancellation of registration

§ 3487. Transaction of business without registration

§ 3488. Action by Attorney General

§ 3491. Right of action

§ 3492. Proper plaintiff

§ 3493. Pleading

§ 3494. Expenses

§ 3501. Construction and application

§ 3502. Rules for cases not provided for in this chapter

§ 3503. Savings clause