', 'Inc.', 'Co.', or 'Ltd.', or words or abbreviations of similar import in another language. The name of a business corporation that is a professional corporation must contain the words 'Professional Service Corporation' or 'Professional Corporation' or abbreviations of these words. In addition, only a professional corporation in which all shareholders are physicians licensed under IC 25-22.5 may use the term 'medical' in its corporate name. A licensing authority may by rule adopt further requirements than those specified in this subsection as to the names of professional corporations organized under this article.(b) The name of a limited partnership must contain the words 'limited partnership' or the abbreviation 'L.P.'. The name of a limited partnership may not contain the name of a limited partner unless:(1) it is also the name of a general partner or the corporate name of a corporate general partner; or(2) the business of the limited partnership had been carried on under that name before the admission ) it is also the name of a general partner or the corporate name of a corporate general partner; or(2) the business of the limited partnership had been carried on under that name before the admission of that limited partner.(c) The name of a limited liability partnership must contain the phrase 'limited liability partnership' or the abbreviation 'L.L.P.' or 'LLP'.(d) The name of a limited liability company must contain the phrase 'limited liability company' or the abbreviation 'L.L.C.' or 'LLC'. The name of a master limited liability company must comply with IC 23-18.1-6-7(b). The name of a series with limited liability must comply with IC 23-18.1-6-7(c) and IC 23-18.1-6-7(d).(e) A filing entity may use the name, including an assumed name, of another filing entity if the filing entity proposing to use the name:(1) has merged with the other filing entity that was already using the name;(2) has been formed by the reorganization of the other filing entity that was already using the name; or(3) has acquired all or substantially all of the assets, including the name, of the other filing entity that was already using the name.As added by P.L.118-2017, SEC.5. was already using the name; or(3) has acquired all or substantially all of the assets, including the name, of the other filing entity that was already using the name.As added by P.L.118-2017, SEC.5. Amended by P.L.52-2018, SEC.7.
Indiana Legal Code