The Michigan Application for Extension of Time Period for Reservation of Corporate Name is a crucial legal document that allows a corporation to request an extension for reserving its corporate name. In Michigan, a corporation is required to reserve its chosen corporate name with the Department of Licensing and Regulatory Affairs (LARA) to prevent other entities from using the same name. The goal of filing the Application for Extension of Time Period is to provide the corporation with additional time to complete the necessary preparations before officially registering with the state. By securing an extension, the corporation ensures that its chosen name remains exclusively reserved during this period. Keywords: Michigan, Application for Extension of Time Period, Reservation of Corporate Name, Department of Licensing and Regulatory Affairs, LARA, corporation, legal document, extension, registering, chosen name. Types of Michigan Applications for Extension of Time Period for Reservation of Corporate Name: 1. Initial Application for Reservation of Corporate Name: Before a corporation can request an extension, it must initially file an Application for Reservation of Corporate Name. This application reserves the desired corporate name for a specific period, typically 180 days, during which the corporation must complete the necessary registration steps. 2. Application for Extension of Time Period for Reservation of Corporate Name: In case a corporation requires additional time to complete the registration process, it can file this application. It allows for an extension of the initial reservation period, usually for another 180 days. The purpose is to maintain exclusive rights to the chosen corporate name while the corporation finalizes its internal procedures. 3. Application for Successive Extensions: If a corporation still needs more time after the first extension, it can file for successive extensions of the reservation period. These applications follow the same process as the initial extension application, granting the corporation additional 180-day periods to complete the registration requirement. It is important for corporations in Michigan to be aware of the timeframe limitations associated with reserving a corporate name. By utilizing the different types of Applications for Extension of Time Period for Reservation of Corporate Name, businesses can guarantee the protection of their chosen name while navigating through the necessary legal procedures.
Michigan Application for Extension of Time Period for Reservation of Corporate Name
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How to fill out Michigan Application For Extension Of Time Period For Reservation Of Corporate Name?
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In addition to the requirement that a name must be distinguishable on the record, a name of any limited partnership, limited liability company or corporation must not contain a word or phrase indicating it is organized for any purpose other than is permitted in its Certificate of Limited Partnership, Articles of ...
Michigan LLCs have to pay the $25 filing fee, while the filing fee for corporations is $10.
Filing Instructions The renewal form cannot be filed online. Submit one original and the annual reports to the Department of Licensing and Regulatory Affairs (LARA). You will have to pay all the past due fees as well as the filing fee for the Certificate.
You'll simply need to file a Certificate of Amendment to the Articles of Organization with the Michigan Department of Licensing and Regulatory Affairs (LARA). The use of the state-provided form is optional, which means you can draft your own amendments, provided you know how to do it correctly.
If you don't want to form your Corporation right away, you can reserve the business name. You'll do this by completing an Application for Reservation of Name form and filing it with the Michigan LARA. The name will be reserved for six months following the month of filing.
In addition to the requirement that a name must be distinguishable on the record, a name of any limited partnership, limited liability company or corporation must not contain a word or phrase indicating it is organized for any purpose other than is permitted in its Certificate of Limited Partnership, Articles of ...
You'll simply need to file a Certificate of Amendment to the Articles of Organization with the Michigan Department of Licensing and Regulatory Affairs (LARA). The use of the state-provided form is optional, which means you can draft your own amendments, provided you know how to do it correctly.
To make amendments to your Michigan corporation, file a Certificate of Amendment to the Articles of Incorporation with the state of Michigan Department of Licensing and Regulatory Affairs (LARA).
