2007 Minnesota Statutes

302A.117 RESERVED NAME.
    Subdivision 1. Who may reserve. The exclusive right to the use of a corporate name
otherwise permitted by section 302A.115 may be reserved by:
(a) a person doing business in this state under that name;
(b) a person intending to incorporate under this chapter;
(c) a domestic corporation intending to change its name;
(d) a foreign corporation intending to make application for a certificate of authority to
transact business in this state;
(e) a foreign corporation authorized to transact business in this state and intending to change
its name;
(f) a person intending to incorporate a foreign corporation and intending to have the foreign
corporation make application for a certificate of authority to transact business in this state; or
(g) a foreign corporation doing business under that name or a name not distinguishable from
that name in one or more states other than this state and not described in clause (d), (e), or (f).
    Subd. 2. Method of reservation. The reservation shall be made by filing with the secretary
of state a request that the name be reserved. If the name is available for use by the applicant, 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.
    Subd. 3. Transfer of reservation. The right to the exclusive use of a corporate name
reserved pursuant to this section may be transferred to another person by or on behalf of the
applicant for whom the name was reserved by filing with the secretary of state a notice of the
transfer and specifying the name and address of the transferee.
History: 1981 c 270 s 9; 1989 c 292 s 6; 1993 c 17 s 9