Question
What are the rules for naming a limited liability company in Delaware?
Answers
GPT-4o mini
When naming a limited liability company (LLC) in Delaware, there are specific rules and considerations you need to follow:
1. **Unique Name**: The name of your LLC must be distinguishable from existing businesses registered in Delaware. You can check the availability of a desired name through the Delaware Division of Corporations' name availability search tool.
2. **Designator**: The name of the LLC must include one of the following designators: "Limited Liability Company," "LLC," or "L.L.C." This indicates the entity's limited liability status.
3. **No Confusion with Government Names**: The name cannot imply that the LLC is a government entity or affiliated with a government body. Names that include words like "Federal," "State," "Bank," or "Insurance" may be restricted or require special approvals.
4. **Restricted Words**: Certain words may be restricted or require additional documentation, such as "University," "Trust," "Cooperative," "Insurance," and others. If you wish to include such terms, you may need to provide additional information to show compliance with state regulations.
5. **Not Deceptive**: The name cannot contain any false or misleading information about the nature of the business.
6. **Legal Name Requirements**: The name must comply with any relevant Delaware laws that might require the inclusion of specific terms depending on the type of business activities planned.
7. **Fictitious Names**: If you plan to operate under a business name different from the LLC's official name (a "fictitious name" or "doing business as"), you may need to register that name as well.
It's advisable to conduct a thorough search and possibly consult with a legal professional to ensure that your chosen name complies with all Delaware regulations and adequately represents your business.
1. **Unique Name**: The name of your LLC must be distinguishable from existing businesses registered in Delaware. You can check the availability of a desired name through the Delaware Division of Corporations' name availability search tool.
2. **Designator**: The name of the LLC must include one of the following designators: "Limited Liability Company," "LLC," or "L.L.C." This indicates the entity's limited liability status.
3. **No Confusion with Government Names**: The name cannot imply that the LLC is a government entity or affiliated with a government body. Names that include words like "Federal," "State," "Bank," or "Insurance" may be restricted or require special approvals.
4. **Restricted Words**: Certain words may be restricted or require additional documentation, such as "University," "Trust," "Cooperative," "Insurance," and others. If you wish to include such terms, you may need to provide additional information to show compliance with state regulations.
5. **Not Deceptive**: The name cannot contain any false or misleading information about the nature of the business.
6. **Legal Name Requirements**: The name must comply with any relevant Delaware laws that might require the inclusion of specific terms depending on the type of business activities planned.
7. **Fictitious Names**: If you plan to operate under a business name different from the LLC's official name (a "fictitious name" or "doing business as"), you may need to register that name as well.
It's advisable to conduct a thorough search and possibly consult with a legal professional to ensure that your chosen name complies with all Delaware regulations and adequately represents your business.