LD 1539
pg. 71
Page 70 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 72 of 101
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LR 1942
Item 1

 
Sec. C-6. 31 MRSA §405-A is enacted to read:

 
§405-A.__Assumed or fictitious name of limited partnership

 
1.__Assumed name defined. As__used in this section, "assumed
name" means a trade name or any name other than the real name of
a limited partnership except a fictitious name.

 
2.__Fictitious name defined.__As used in this section,
"fictitious name" means a name adopted by a foreign limited
partnership authorized to transact business in this State because
its real name is unavailable pursuant to section 403-A.

 
3.__Authorized to transact business.__Upon complying with this
section, a domestic limited partnership or foreign limited
partnership authorized to transact business in this State may
transact its business in this State under one or more assumed or
fictitious names.

 
4.__File statement indicating use of assumed or fictitious
name.__Prior to transacting business in this State under an
assumed or fictitious name, a limited partnership shall execute
and deliver to the Secretary of State for filing a statement
setting forth:

 
A.__The limited partnership name;

 
B.__That the limited partnership intends to transact
business under an assumed or fictitious name;

 
C.__The assumed or fictitious name that the limited
partnership proposes to use;

 
D.__If the assumed name is not to be used at all of the
limited partnership's places of business in this State, the
locations where it will be used; and

 
E.__If the partnership is a foreign limited partnership:

 
(1)__The jurisdiction of organization; and

 
(2)__The date on which it was authorized to transact
business in this State.

 
A separate statement must be executed and delivered for filing
with respect to each assumed or fictitious name that the limited
partnership proposes to use.

 
5.__Compliance required.__Each assumed or fictitious name must
comply with the requirements of section 403-A.


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