Name

(1) Except as otherwise provided in this section, the name (a) shall contain the words “limited liability company” or the abbreviation “LLC”, or “L.L.C.”, (b) shall not be the same as or substantially similar to the name of a limited liability company as such name appears on the index of names of existing limited liability companies, or on the reserved name list maintained by the Registrar or a name so similar to any such name as to tend to confuse or deceive; and (c) shall not be a name prohibited, (i) by any other law in force in Belize; or (ii) by regulations made by the Minister under section 104 of this Act. (2) The name of a limited liability company shall be in Roman script, but a limited liability company may elect to use as an alternative name an accurate translation of the name registered in Roman script, and which name may be expressed in any script. For the purpose of satisfying the filing requirements under this Act, a limited liability company shall use the name as expressed in Roman script, but in any dealings with third parties the limited liability company may use the alternative name in the form submitted to the Registrar at the time of formation. (3) A limited liability company which acquires upon a sale, lease, or other disposition to or exchange with another limited liability company, all or substantially all of the assets of that other limited liability company, including its name, may have the name of that limited liability company with one or more words added, altered, or deleted to make such name distinguishable from the name as used by the other limited liability company if that other limited liability company was organised under this Act. (4) No limited liability company shall be formed under this Act under a name that, (a) contains the words “Building Society”, “Chamber of Commerce”, “Chartered”, “Cooperative”, “Imperial”, “Municipal”, “Royal”, or a word conveying a similar meaning, or any other word that, in the opinion of the Registrar, suggests or is calculated to suggest, (i) the patronage of Her Majesty or that of a member of the Royal Family; or (ii) a connection with the Government of or a department, or branch thereof, any political party or any professional 24 association recognised by the laws of (b) is indecent, offensive or, in the opinion of the Registrar, objectionable; or (c) contains the words “Assurance”, “Bank”, “Insurance” or “Trust”, or any or their derivatives or cognate expressions, unless it is licensed under an enactment authorising it to carry on such business or activities. (5) The Minister may issue regulations in respect of names that are prohibited or otherwise restricted under this Act. names.