Sec. C-23. 31 MRSA §605, as enacted by PL 1993, c. 718, Pt. A, §1, is repealed.

Sec. C-24. 31 MRSA §605-A is enacted to read:

§605-A.__Assumed or fictitious name of limited liability company

1.__Assumed name defined.__As used in this section, "assumed name" means a trade name or any name other than the real name of a limited liability company except a fictitious name.

2.__Fictitious name defined.__As used in this section, "fictitious name" means a name adopted by a foreign limited liability company authorized to transact business in this State because its real name is unavailable pursuant to section 603-A.

3.__Authorized to transact business.__Upon complying with this section, a domestic or foreign limited liability company authorized to transact business in this State may transact its business in this State under one or more assumed or fictitious names.

4.__File statement indicating use of assumed or fictitious name.__Prior to transacting business in this State under an assumed or fictitious name, a limited liability company shall execute and deliver to the Secretary of State for filing a statement setting forth:

A.__The limited liability company name;

B.__That the limited liability company intends to transact business under an assumed or fictitious name;

C.__The assumed or fictitious name that the limited liability company proposes to use;

D.__If the assumed name is not to be used at all of the limited liability company's places of business in this State, the locations where that name will be used; and

E.__If the company is a foreign limited liability company:

(1)__The jurisdiction of organization; and