§ 17-14-204 — Reservation of name

(a) The exclusive right to the use of a name may be
reserved by:
(i) Any person intending to organize a limited
partnership under this act and to adopt that name;
(ii) Any domestic limited partnership or any foreign
limited partnership registered in this state which, in either
case, intends to adopt that name;
(iii) Any foreign limited partnership intending to
register in this state and adopt that name; and
(iv) Any person intending to organize a foreign
limited partnership and intending to have it registered in this
state and adopt that name.
(b) The reservation shall be made by filing with the
secretary of state an application, executed by the applicant, to
reserve a specified name. If the secretary of state finds that
the name is available for use by a domestic or foreign limited
partnership, he shall reserve the name for the exclusive use of
the applicant for a period of one hundred twenty (120) days. The
reservation of a name is not renewable. The right to the
exclusive use of a reserved name may be transferred to any other
person by filing in the office of the secretary of state a
notice of the transfer, executed by the applicant for whom the
name was reserved and specifying the name and address of the
transferee.