Oklahoma Application for Renewal of Reservation of Corporate Name

• Category: Contracts - Applications
• State: Multi-State
• Control #: US-1054BG
• 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 Oklahoma Application for Renewal of Reservation of Corporate Name is an important legal document that allows corporations in Oklahoma to maintain exclusive rights to their desired company name. When a corporation initially files its Articles of Incorporation with the Oklahoma Secretary of State, it reserves a corporate name for a specific duration. However, if the corporation wishes to extend the reservation period beyond the initial duration, the Oklahoma Application for Renewal of Reservation of Corporate Name must be submitted. This renewal process ensures that corporations can continue using their preferred business names without the risk of another entity using the same or similar name. It helps in maintaining brand identity and recognition, thus eliminating confusion among customers and clients. The Oklahoma Application for Renewal of Reservation of Corporate Name typically requires certain information from the corporation, including the current reserved name, the entity type (such as a domestic or foreign corporation), the date of initial reservation, and the duration of the desired renewal period. It is important to note that there are different types of Oklahoma Applications for Renewal of Reservation of Corporate Name depending on the entity's status. Some common variations include: 1. Domestic Corporation Renewal: This type of renewal is applicable for corporations incorporated in Oklahoma and seeking to extend the reservation period of their corporate name. 2. Foreign Corporation Renewal: Foreign corporations operating in Oklahoma but incorporated in another state may also need to renew their name reservation to ensure continued protection of their company name. The application process typically involves completing the necessary form, providing accurate and up-to-date information, and paying any required fees. Once the application is submitted and approved, the corporation's name reservation will be extended, and they can continue operating under their preferred name. In summary, the Oklahoma Application for Renewal of Reservation of Corporate Name is a crucial step for corporations in Oklahoma to maintain their exclusive rights to their desired business name. Different variations of the application cater to domestic and foreign corporations, ensuring their brand identity remains protected. Timely renewal of name reservation helps corporations maintain credibility, avoid confusion, and safeguard their business interests.