Arkansas Assignment of Trade Name is a legal document that allows an individual or a company to transfer or assign their registered trade name to another party. This trade name refers to the name or title under which a business operates and identifies itself to the public. It is part of the state's regulations governing trade names and is typically filed with the Arkansas Secretary of State. The purpose of the Assignment of Trade Name is to ensure clarity and transparency when transferring the rights associated with a registered trade name. By completing this document, the current owner (assignor) relinquishes their ownership and rights, while the new owner (assignee) assumes full responsibility for the trade name going forward. This document contains crucial information, including the legal names and contact details of both the assignor and assignee, the registered trade name being assigned, as well as the effective date and term of the assignment. It is important to note that the assignment does not transfer any accompanying business assets, contracts, licenses, or liabilities, as those need to be addressed separately. Some relevant keywords associated with Arkansas Assignment of Trade Name include: 1. Trade name transfer Arkansas 2. Arkansas trade name assignment 3. How to assign a trade name in Arkansas 4. Arkansas Secretary of State 5. Arkansas trade name regulations 6. Assignor and assignee in trade name transfer 7. Registered trade name ownership transfer 8. Effective date and term of assignment 9. Trade name ownership relinquishment 10. Documents required for Arkansas trade name assignment. In Arkansas, besides the general Assignment of Trade Name, there may be specific types like "Assignment of Trade Name (By Debtor) under UCC Article 9." This type of assignment is relevant in specific situations where a debtor with trade name collateral assigns their rights to a secured party to secure a debt or obligation. Understanding the various types and legal implications of Arkansas Assignment of Trade Name is crucial to ensure a smooth and lawful transfer of trade name ownership. It is always recommended consulting with an attorney or seek professional advice to navigate the process accurately.