§ 17.205. Use of corporate designators.
In 54 Pa.C.S. § 311(b) (relating to registration) it is provided that a registered fictitious name:
(1) May not contain a corporate designator such as ‘‘corporate,’’ ‘‘incorporated’’ or ‘‘limited’’ or a derivation or abbreviation thereof unless the entity or at least one entity named in the application for registration of the fictitious name is a corporation. The use of the word ‘‘company’’ or a derivation or abbreviation thereof or the words ‘‘association,’’ ‘‘fund’’ or ‘‘syndicate’’ by a sole proprietorship, a partnership or a corporation is permissible.
(2) Is not required to contain a corporate designator, notwithstanding the fact that some or all of the persons interested therein are corporations. This authorization is not to be construed to limit or affect personal liability otherwise existing of shareholders of a corporation to persons who deal with the corporation without knowledge of its status as such.
Source The provisions of this § 17.205 adopted April 17, 1992, effective April 18, 1992, 22 Pa.B. 1993.
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