P.R. Laws tit. 14, § 3952

2019-02-20
§ 3952. Name as set forth in the certificate

The name of every limited liability company as set forth in its certificate of formation:

(1) Shall contain the terms Limited Liability Company or Compañía de Responsabilidad Limitada or the abbreviation L.L.C. or C.R.L., or the designation LLC or CRL. For an L.P.L.L.C., it shall contain the terms a Low-Profit Limited Liability Company or Compañía de Responsabilidad Limitada con Fin Social or the abbreviation L.P.L.LC. or C.R.L.F.S. or the designation LPLLC, CRLFS or L3C.

(2) May contain the name of a member or manager.

(3) Must be such as to distinguish it upon the records of the Department of State from the name on said records of any corporation, partnership, limited partnership, statutory trust or limited liability company reserved, registered, formed or organized under the laws of Puerto Rico or qualified to do business or registered as foreign corporation, foreign limited partnership, foreign statutory trust, foreign partnership or a foreign limited liability company in Puerto Rico; Provided, however, That a company may be registered under any name which is not such as to distinguish it upon the records of the Department of State from the name on said records of any domestic or foreign corporation, partnership, limited partnership, trust or limited liability company reserved, registered, formed or organized under the laws of Puerto Rico with the written consent of the other corporation, partnership, limited partnership, statutory trust or limited liability company, which written consent shall be filed with the Secretary of State.

(4) May contain the following words: “Company”, “Association”, “Club”, “Foundation”, “Fund”, “Institute”, “Society”, “Union”, “Syndicate”, “Limited”, or “Trust” (or abbreviations of like import).

(5) Provided, That the acronyms required in the preceding subsection (1) shall be mandatory in all certificates of incorporation; however, the terms provided in subsection (4) shall be considered optional at the time of their inclusion in said certificate.

(6) It shall be understood that the name of the LLC shall be distinguished in the records of the Department of State from the names of any other juridical entity organized, reserved or registered in the Department of State of Puerto Rico.

History —Dec. 16, 2009, No. 164, § 19.02; Dec. 22, 2015, No. 233, § 4, eff. 90 days after Dec. 22, 2015.