Chapter 13: LIMITED LIABILITY COMPANIES ENACTED BY PL 1993, C. 718, PT. A, §1
Subchapter 1: GENERAL PROVISIONS ENACTED BY PL 1993, C. 718, PT. A, §1
§604-A. Reserved name
1.Reserve use of name. A person may reserve the exclusive use of a limited liability company name, including an assumed or fictitious name, by
executing and delivering for filing an application to the Secretary of State. The application must set forth the name and
address of the applicant and the name proposed to be reserved. If the Secretary of State finds that the limited liability
company name applied for is available, the Secretary of State shall reserve the name for the applicant's exclusive use for
a nonrenewable period of 120 days.
[
2003, c. 344, Pt. C, §22 (NEW)
.]
2.Transfer of reservation. The owner of a reserved limited liability company name under subsection 1 may transfer the reservation to another person
by executing and delivering for filing to the Secretary of State a notice of the transfer, signed by the transferor, that
states the name and address of the transferee.
[
2003, c. 344, Pt. C, §22 (NEW)
.]
SECTION HISTORY
2003, c. 344, §C22 (NEW).
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