355.151. Reservation of name.
Reservation of name.
355.151. 1. A person may reserve the exclusive use of a corporatename, including a fictitious name for a foreign corporation whose corporatename is not available, by delivering an application to the secretary ofstate for filing. Upon finding that the corporate name applied for isavailable, the secretary of state shall reserve the name for theapplicant's exclusive use for a sixty-day period. A name reservation shallnot exceed a period of one hundred eighty days from the date of the firstname reservation application. Upon the hundred eighty-first day, the nameshall cease reserve status and shall not be placed back in reserve status.
2. The owner of a reserved corporate name may transfer thereservation to another person by delivering to the secretary of state asigned notice of the transfer that states the name and address of thetransferee.
(L. 1994 H.B. 1095, A.L. 2009 H.B. 481 merged with S.B. 294)