Minnesota 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. The Minnesota Application for Extension of Time Period for Reservation of Corporate Name is a legal document used by corporations in the state of Minnesota to request an extension of the time period for reserving a corporate name. This application serves as a means to prolong the reservation period for a corporate name that has already been reserved but is nearing its expiration. To ensure a comprehensive understanding of this document, let's delve into its key elements and highlight relevant keywords associated with it. 1. Purpose and Scope: The purpose of the Minnesota Application for Extension of Time Period for Reservation of Corporate Name is to enable corporations to maintain the exclusive right to a reserved corporate name for an extended duration. This extension allows corporations to continue reserving their chosen name, preventing other entities from using it during the period of extension. 2. Filing Requirements: To file the Minnesota Application for Extension of Time Period for Reservation of Corporate Name, corporations must meet certain requirements. These include submitting the application within the current reservation period and paying the applicable fees. It is crucial to adhere to these requirements to ensure the successful filing of the extension application. 3. Key Information to Include: When completing the Minnesota Application for Extension of Time Period for Reservation of Corporate Name, corporations need to provide specific details. This information typically includes the current reserved corporate name, the original reservation period, and the desired extension period. Corporations should ensure accuracy while furnishing these details to avoid any inconsistencies or delays in processing the application. 4. Minnesota Secretary of State: The Minnesota Secretary of State is the governing authority responsible for the processing and approval of the Application for Extension of Time Period for Reservation of Corporate Name. Corporations should submit the completed application along with the necessary fees to the Secretary of State. It is advisable to refer to the official Minnesota Secretary of State website for the most up-to-date information and instructions regarding the filing process. Types of Minnesota Application for Extension of Time Period for Reservation of Corporate Name: 1. Initial Reservation Extension: This type of extension is utilized by corporations that require more time to finalize their business plans or complete essential administrative tasks before officially incorporating their business. The initial reservation extension grants additional time beyond the initial reservation period. 2. Subsequent Reservation Extension: Corporations that have already received an initial extension but still need more time can apply for a subsequent reservation extension. This type of extension is utilized when unforeseen circumstances or specific requirements necessitate a further elongation of the name reservation period. In conclusion, the Minnesota Application for Extension of Time Period for Reservation of Corporate Name is a necessary legal document that allows corporations to maintain exclusive rights to a reserved name for a longer duration. By following the established guidelines and submitting the required information to the Minnesota Secretary of State, corporations can successfully secure an extension and safeguard their chosen corporate name.

The Minnesota Application for Extension of Time Period for Reservation of Corporate Name is a legal document used by corporations in the state of Minnesota to request an extension of the time period for reserving a corporate name. This application serves as a means to prolong the reservation period for a corporate name that has already been reserved but is nearing its expiration. To ensure a comprehensive understanding of this document, let's delve into its key elements and highlight relevant keywords associated with it. 1. Purpose and Scope: The purpose of the Minnesota Application for Extension of Time Period for Reservation of Corporate Name is to enable corporations to maintain the exclusive right to a reserved corporate name for an extended duration. This extension allows corporations to continue reserving their chosen name, preventing other entities from using it during the period of extension. 2. Filing Requirements: To file the Minnesota Application for Extension of Time Period for Reservation of Corporate Name, corporations must meet certain requirements. These include submitting the application within the current reservation period and paying the applicable fees. It is crucial to adhere to these requirements to ensure the successful filing of the extension application. 3. Key Information to Include: When completing the Minnesota Application for Extension of Time Period for Reservation of Corporate Name, corporations need to provide specific details. This information typically includes the current reserved corporate name, the original reservation period, and the desired extension period. Corporations should ensure accuracy while furnishing these details to avoid any inconsistencies or delays in processing the application. 4. Minnesota Secretary of State: The Minnesota Secretary of State is the governing authority responsible for the processing and approval of the Application for Extension of Time Period for Reservation of Corporate Name. Corporations should submit the completed application along with the necessary fees to the Secretary of State. It is advisable to refer to the official Minnesota Secretary of State website for the most up-to-date information and instructions regarding the filing process. Types of Minnesota Application for Extension of Time Period for Reservation of Corporate Name: 1. Initial Reservation Extension: This type of extension is utilized by corporations that require more time to finalize their business plans or complete essential administrative tasks before officially incorporating their business. The initial reservation extension grants additional time beyond the initial reservation period. 2. Subsequent Reservation Extension: Corporations that have already received an initial extension but still need more time can apply for a subsequent reservation extension. This type of extension is utilized when unforeseen circumstances or specific requirements necessitate a further elongation of the name reservation period. In conclusion, the Minnesota Application for Extension of Time Period for Reservation of Corporate Name is a necessary legal document that allows corporations to maintain exclusive rights to a reserved name for a longer duration. By following the established guidelines and submitting the required information to the Minnesota Secretary of State, corporations can successfully secure an extension and safeguard their chosen corporate name.