1999 Minnesota Statutes

     322A.03 Reservation of name. 

    (a) The exclusive right to the use of a name may be 
 reserved by: 

    (1) any person intending to organize a limited partnership 
 under sections 322A.01 to 322A.87 and to adopt that name; 

    (2) any domestic limited partnership or any foreign limited 
 partnership registered in this state which, in either case, 
 intends to adopt that name; 

    (3) any foreign limited partnership intending to register 
 in this state and adopt that name; and 

    (4) any person intending to organize a foreign limited 
 partnership and intending to have it register 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.  On finding that the name is available 
 for use by a domestic or foreign limited partnership, the 
 secretary of state shall reserve the name for the exclusive use 
 of the applicant for a period of 12 months.  The reservation may 
 be renewed for successive 12-month periods.  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. 

    HIST: 1980 c 582 art 5 s 3; 1986 c 444; 1997 c 137 s 12