LD 1539
pg. 5
Page 4 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 6 of 101
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LR 1942
Item 1

 
one or more of the names described in subsection 2.__The Secretary
of State shall authorize use of the name applied for if:

 
A.__The entity in possession of the name consents to the use
in writing and submits an undertaking in a form satisfactory
to the Secretary of State as provided in sections 104 and
106 or as provided in the applicable law for that entity to
change its name to a name that is distinguishable on the
records of the Secretary of State from the name of the
applicant; or

 
B.__The applicant delivers to the Secretary of State a
certified copy of the final judgment of a court of competent
jurisdiction establishing the applicant's right to use the
name applied for in this State.

 
5.__Use of another corporation's name.__A corporation may use
the name, including the assumed or fictitious name, of another
domestic or foreign corporation that is used in this State if the
other corporation is incorporated or authorized to transact
business in this State and the corporation proposing to use the
name:

 
A.__Has merged with the other corporation;

 
B.__Has been formed by reorganization of the other
corporation; or

 
C.__Has acquired all or substantially all of the assets,
including the corporate name, of the other corporation.

 
6.__Determining distinguishability. In determining whether
names are distinguishable on the records, the Secretary of State
shall disregard the following:

 
A.__The words or abbreviations of words that describe the
nature of the entity, including "professional association,"
"corporation," "company," "incorporated," "chartered,"
"limited," "limited partnership," "limited liability
company," "professional limited liability company," "limited
liability partnership,"__"registered limited liability
partnership," "service corporation" and "professional
corporation";

 
B.__The presence or absence of the words or symbols of the
words "and" and "the"; and

 
C.__The differences in the use of punctuation,
capitalization or special characters.


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