(a) General rule.--Registration of a fictitious name under this chapter imparts no legal right to the registering entity other than that:
(1) the conducting of business by it under a fictitious name shall not result in the penalties provided by section 331 (relating to contracts and acts by entity using unregistered fictitious name); and
(2) the doing of business by the entity using the registered name has the same force and effect as doing business under the proper name of the entity.
(b) Foreign registration unaffected.--The registration required under this chapter is in addition to all other acts required of an entity prerequisite to its doing business in this Commonwealth and no provision of this chapter shall be construed as relieving an entity of any duty under any other statute.