Sec. 33-656. Reserved name.
Sec. 33-656. Reserved name. (a) A person may reserve the exclusive use of a
corporate name, including a corporate name of a foreign corporation, with such additional distinctive and distinguishing elements that the corporation agrees to use in this
state exclusive of any other name as in the judgment of the Secretary of the State will
be sufficient to distinguish its name, by delivering an application to the Secretary of the
State for filing. The application shall set forth the name and address of the applicant
and the name proposed to be reserved. If the Secretary of the State finds that the corporate
name applied for is available, he shall reserve the name for the applicant's exclusive
use for a period of one hundred twenty days.
(b) The owner of a reserved corporate name may transfer the reservation to another
person by delivering to the Secretary of the State a signed notice of the transfer that
states the name and address of the transferee.
(c) Any person for whom a specified corporate name has been reserved pursuant
to this section may, during the period for which such name is reserved, terminate such
reservation by filing in the office of the Secretary of the State an application for cancellation of reservation of corporate name, together with the applicable fee.
(P.A. 94-186, S. 33, 215; P.A. 96-271, S. 27, 254.)
History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 made a technical change in Subsec. (a) and added Subsec.
(c) to authorize a person for whom a specified corporate name has been reserved to terminate such reservation, effective
January 1, 1997.