The general copartnership must transact business under the name of all its members, of several of them or of one only, it being necessary to add in the latter two cases to the name or names given the words “and company”.
This general name shall constitute the firm name or signature, in which there may never be included the name of a person who is not at the time a partner in the association.
Those who, not being members of the partnerships, include their names in the firm denomination shall be subject to joint liability, without prejudice to the penal liability which may be proper.
History —Commerce Code, 1932, § 103.