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§ 4A-209. Reservation and transfer of name

West's Annotated Code of MarylandCorporations and AssociationsEffective: October 1, 2012

West's Annotated Code of Maryland
Corporations and Associations
Title 4a. Limited Liability Company Act (Refs & Annos)
Subtitle 2. Formation and Powers
Effective: October 1, 2012
MD Code, Corporations and Associations, § 4A-209
§ 4A-209. Reservation and transfer of name
Who may reserve
(a) The exclusive right to use a specified name for a domestic or foreign limited liability company may be reserved by:
(1) A person who intends to organize a domestic limited liability company;
(2) A domestic limited liability company that proposes to change its name;
(3) A foreign limited liability company that intends to register to do business in this State; or
(4) A foreign limited liability company registered to do business in this State that proposes to change its name.
Application
(b)(1) A person may reserve a specified name by filing a signed application with the Department.
(2) If the Department finds that the name is available for use by a limited liability company, the Department shall reserve the name for 30 days for the exclusive use of the applicant.
Transfer
(c) The exclusive right to use a reserved name may be transferred to another person by filing with the Department a notice of the transfer which specifies the name and address of the transferee and is signed by the applicant for whom the name was reserved.

Credits

Added by Acts 1992, c. 536. Amended by Acts 2012, c. 599, § 1, eff. Oct. 1, 2012; Acts 2012, c. 600, § 1, eff. Oct. 1, 2012.
MD Code, Corporations and Associations, § 4A-209, MD CORP & ASSNS § 4A-209
Current with all legislation from the 2021 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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