Minnesota Legislature
Office of the Revisor of Statutes
2018 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
322.05 NAME NOT TO CONTAIN SURNAME OF LIMITED PARTNER.
The surname of a limited partner shall not appear in the partnership name, unless:
(1) it is also the surname of a general partner; or
(2) prior to the time when the limited partner became such the business had been carried on under a name in which that partner's surname appeared.
A limited partner whose name appears in a partnership name contrary to the provisions of this section is liable as a general partner to partnership creditors who extend credit to the partnership without actual knowledge that the limited partner is not a general partner.
History:
(7357) 1919 c 498 s 5; 1986 c 444
Official Publication of the State of Minnesota
Revisor of Statutes