2023 New York Laws › PTR - Partnership › Article 8-A - Revised Limited Partnership Act › 121-102 - Partnership Name.

§  121-102.  Partnership name. The name of each limited partnership as
set forth in its certificate of limited partnership:
(a)  (1)  shall  contain  without  abbreviation  the  words   "Limited
Partnership" or the abbreviation "L.P.";
(2)  (A)  shall  be such as to distinguish it from the name of (i) any
limited partnership as defined in subdivision (h) of section 121-101  of
this  article,  or (ii) any foreign limited partnership authorized to do
business as a foreign limited partnership in this state;
(B) shall be such as to distinguish it from (i) the names of  domestic
business  corporations,  domestic  not-for-profit corporations and other
domestic corporations of any type or kind that are formed by a filing in
the department of state, (ii) the names of authorized  foreign  business
corporations,  authorized  foreign not-for-profit corporations and other
authorized foreign corporations of any type or kind that are  authorized
to do business or conduct activities in this state by reason of a filing
in  the  department  of  state, (iii) the fictitious names of authorized
foreign  business  corporations,   authorized   foreign   not-for-profit
corporations  and  other  authorized foreign corporations of any type or
kind that are authorized to do business or conduct  activities  in  this
state  by  reason of a filing in the department of state, (iv) the names
of domestic limited liability companies, (v)  the  names  of  authorized
foreign  limited  liability  companies,  or (vi) the fictitious names of
authorized foreign limited liability companies, in each  case,  as  such
names  appear  on the index of names of existing domestic and authorized
foreign corporations of any type or kind, including fictitious names  of
authorized  foreign  corporations of any type or kind, in the department
of state, or on the index of names of existing  domestic  or  authorized
foreign  limited  liability  companies,  including  fictitious  names of
authorized foreign limited liability companies,  in  the  department  of
state,  or  names  the  rights to which are reserved; provided, however,
that no limited partnership that was formed prior to the effective  date
of  this  subparagraph  and  no  foreign  limited  partnership  that was
qualified to do business in this state  prior  to  such  effective  date
shall  be  required to change the name or fictitious name it had on such
effective date solely by reason of such name or  fictitious  name  being
indistinguishable  from  the  name or fictitious name of any domestic or
authorized foreign corporation or limited liability company or from  any
name  the  right to which is reserved by or on behalf of any domestic or
foreign corporation or limited liability company;
(3)(A) may not contain the following phrases or  any  abbreviation  or
derivative thereof:
board of trade                state trooper
chamber of commerce           tenant relocation
community renewal             urban development
state police                  urban relocation
Every  certificate  of  limited  partnership  in which the name of the
proposed limited partnership includes the terms: "school,"  "education,"
"elementary,"     "secondary,"     "kindergarten,"    "prekindergarten,"
"preschool,"  "nursery  school,"  "museum,"   "history,"   "historical,"
"historical society," "arboretum," "library," "college," "university" or
other  term  restricted  by  section  two  hundred  twenty-four  of  the
education  law;  "conservatory,"  "academy,"  or  "institute,"  or   any
abbreviation or derivative of such terms, shall have endorsed thereon or
annexed thereto the consent of the commissioner of education.
(B)  may  not  contain  the  following  words,  or any abbreviation or
derivative thereof:
acceptance                    indemnity
annuity                       insurance
assurance                     investment
bank                          lawyer
benefit                       loan
bond                          mortgage
casualty                      savings
doctor                        surety
endowment                     title
fidelity                      trust
finance                       underwriter
guaranty
unless  the  approval  of  the  superintendent  of financial services is
attached to the certificate of limited partnership; or unless  the  word
"doctor" or "lawyer" or an abbreviation or derivative thereof is used in
a context which clearly denotes a purpose other than the practice of law
or medicine.
(C)  shall  not, unless the approval of the state department of social
services is attached  to  the  certificate  of  limited  partnership  or
application for authority or amendment thereof, contain the word "blind"
or "handicapped". Such approval shall be granted by the state department
of  social  services if in its opinion the word "blind" or "handicapped"
as used in the limited  partnership  name  proposed  will  not  tend  to
mislead   or   confuse  the  public  into  believing  that  the  limited
partnership is organized for charitable or nonprofit purposes related to
the blind or the handicapped.
(D) shall not, unless the approval of the attorney general is attached
to the certificate of limited partnership or application  for  authority
or amendment thereof, contain the word "exchange" or any abbreviation or
derivative  thereof.  Such approval shall not be granted by the attorney
general if in his or her opinion the use of the word "exchange"  in  the
proposed  limited  partnership name would falsely imply that the limited
partnership conducts its business at a place where trade is  carried  on
in securities or commodities by brokers, dealers or merchants.
(b)   shall,   unless  the  limited  partnership  or  foreign  limited
partnership shall have complied  with  the  provisions  of  section  one
hundred  thirty  of  the  general  business  law be the name used by the
limited partnership in its conduct of business.
(c) notwithstanding paragraphs one and two of subdivision (a) of  this
section,  a  limited  partnership organized under the laws of this state
prior to  the  effective  date  of  this  article  which  shall  file  a
certificate  under  section  121-1202 of this article within one year of
the effective date of this article may file  under its name as  provided
in  its certificate of limited partnership on the effective date of this
article and thereafter may continue to  use  such  name  and  a  foreign
limited  partnership  which  has  been authorized to do business in this
state prior to the effective date of this article may  continue  to  use
the name under which it has heretofore done business in this state.