Illinois Application for Extension of Time Period for Reservation of Corporate Name

• Category: Employment - Applications
• State: Multi-State
• Control #: US-1056BG
• Format: Word; Rich Text

Description

Section 4.02 of the Revised Business Corporation Act provides: "A person may reserve the exclusive use of a corporate name, including a fictitious name for a foreign corporation whose corporate name is not available, by delivering an application to the secretary of state for filing. The application must set forth the name and address of the applicant and the name proposed to be reserved." This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. Illinois Application for Extension of Time Period for Reservation of Corporate Name is a legal document filed by corporations in the state of Illinois to request an extension of the initial reservation period for their corporate name. This application allows corporations to maintain the exclusive rights to their chosen name for an extended duration. The Illinois Secretary of State requires corporations to file an Application for Reservation of Corporate Name initially to secure a specific name for their business. However, there may be instances where corporations require more time to complete the necessary paperwork or finalizing business plans before officially registering their entity. In such cases, corporations can file the Illinois Application for Extension of Time Period for Reservation of Corporate Name. By filing this application, corporations seek an additional period to reserve their chosen name, preventing others from adopting a similar or confusingly similar name during this extension period. The Illinois Application for Extension of Time Period for Reservation of Corporate Name acts as a safeguard, ensuring that corporations have adequate time to fulfill their requirements, allowing smooth transition and business operations post-registration. Corporations filing the application should provide details such as the initial reservation period, the reserved corporate name, the date and number of the initial reservation, and the desired extension period. This application must be submitted to the Illinois Secretary of State along with the appropriate filing fees. It is important to note that there are no specific types of Illinois Application for Extension of Time Period for Reservation of Corporate Name. The application itself remains the same regardless of the type of corporation or industry. However, each corporation may have different reasons and circumstances for filing the application. In summary, the Illinois Application for Extension of Time Period for Reservation of Corporate Name is a crucial document for corporations seeking an extension to reserve their chosen name in Illinois. It allows corporations additional time to finalize necessary paperwork and ensures their exclusive rights to the desired name during the extension period. Filing this application with the Illinois Secretary of State helps streamline the registration process and facilitates a seamless transition into official business operations.

Illinois Application for Extension of Time Period for Reservation of Corporate Name is a legal document filed by corporations in the state of Illinois to request an extension of the initial reservation period for their corporate name. This application allows corporations to maintain the exclusive rights to their chosen name for an extended duration. The Illinois Secretary of State requires corporations to file an Application for Reservation of Corporate Name initially to secure a specific name for their business. However, there may be instances where corporations require more time to complete the necessary paperwork or finalizing business plans before officially registering their entity. In such cases, corporations can file the Illinois Application for Extension of Time Period for Reservation of Corporate Name. By filing this application, corporations seek an additional period to reserve their chosen name, preventing others from adopting a similar or confusingly similar name during this extension period. The Illinois Application for Extension of Time Period for Reservation of Corporate Name acts as a safeguard, ensuring that corporations have adequate time to fulfill their requirements, allowing smooth transition and business operations post-registration. Corporations filing the application should provide details such as the initial reservation period, the reserved corporate name, the date and number of the initial reservation, and the desired extension period. This application must be submitted to the Illinois Secretary of State along with the appropriate filing fees. It is important to note that there are no specific types of Illinois Application for Extension of Time Period for Reservation of Corporate Name. The application itself remains the same regardless of the type of corporation or industry. However, each corporation may have different reasons and circumstances for filing the application. In summary, the Illinois Application for Extension of Time Period for Reservation of Corporate Name is a crucial document for corporations seeking an extension to reserve their chosen name in Illinois. It allows corporations additional time to finalize necessary paperwork and ensures their exclusive rights to the desired name during the extension period. Filing this application with the Illinois Secretary of State helps streamline the registration process and facilitates a seamless transition into official business operations.