§ 23-0.5-3-3 — Reservation of exclusive use of name

Indiana § 23-0.5-3-3

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 0.5: UNIFORM BUSINESS ORGANIZATIONS CODE
• Ch. 3: Name of Entity

Text

(a) A person may reserve the exclusive right
to the use of a name by delivering an electronic application to the
secretary of state for filing. The application must state the name and
address of the applicant and the name to be reserved, excluding any
word, phrase, or abbreviation described in section 1(c) of this chapter.
If the secretary of state finds that the name is available, the secretary of
state shall reserve the name for the applicant's exclusive use for
renewable one hundred twenty (120) day periods.
(b) The owner of a reserved entity name may transfer the reservation
to another person that is not an individual by delivering to the secretary
of state, electronically, a signed notice in a record of the transfer which
states the name and address of the transferee.

Legislative History

As added by P.L.118-2017, SEC.5. Amended by P.L.52-2018, SEC.8.