§ 7-71-107 — Nonprofit entities

(1) A nonprofit entity for which a constituent
filed document is in the records of the secretary of state may, but shall not be
required to, deliver to the secretary of state, for filing pursuant to part 3 of article
90 of this title, a statement of trade name for any name other than its true name
under which the nonprofit entity transacts business or conducts activities, or
contemplates transacting business or conducting activities, in this state. This
article, other than section 7-71-102, shall apply to the statement of trade name and
any other statement filed in connection therewith and to the trade name.

(2) Any member of a nonprofit entity for which a constituent filed document
is not in the records of the secretary of state may, but shall not be required to,
deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this
title, a statement of trade name for any name other than the true name of all of its
members under which the nonprofit entity transacts business or conducts activities,
or contemplates transacting business or conducting activities, in this state. This
article, other than section 7-71-102, shall apply to any such statement of trade
name and any other statement filed in connection therewith and to any trade name
stated in any such statement of trade name.

(3) As to any statement of trade name filed pursuant to this section and any
other statement filed in connection with the filing, any reference in this article or in
such statement to the phrase transact business, or its derivatives or variants,
shall include conduct activities.

Legislative History

Source: L. 2004: Entire article R&RE, p. 1541, � 1, effective May 30, 2006. L. 2006: (1) and (2) amended, p. 853, � 16, effective May 30.