2.__Transfer of reservation.__The owner of a reserved corporate name under subsection 1 may transfer the reservation to another person by executing and delivering for filing to the Secretary of State as provided in section 106 a notice of the transfer, signed by the transferor, that states the name and address of the transferee.

Sec. B-12. 13-B MRSA §303, as corrected by RR 2001, c. 2, Pt. B, §35 and affected by §58, is repealed.

Sec. B-13. 13-B MRSA §303-A is enacted to read:

§303-A.__Registered name of foreign corporation

1.__Register corporate name.__A foreign corporation may register its corporate name if the name is distinguishable on the records of the Secretary of State pursuant to section 301-A.

2.__Application.__To register its corporate name, a foreign corporation must execute and deliver to the Secretary of State for filing as provided in sections 104 and 106 an application that:

A.__Sets forth its corporate name, the state or country and date of its incorporation, the address of its principal office wherever located and a brief description of the nature of the activities in which it is engaged; and

B.__Is accompanied by a certificate of existence or a document of similar import duly authenticated by the secretary of state or other official having custody of corporate records in the state or country under whose law the foreign corporation is incorporated. The certificate of existence must have been made not more than 90 days prior to the delivery of the application for filing.

3.__Applicant's exclusive use.__A corporate name is registered for a foreign corporation's exclusive use upon the