Section 4.02(b) of the Revised Model Business Corporation Act states: "The owner of a reserved corporate name may transfer the reservation to another person by delivering to the secretary of state a signed notice of the transfer that states the name and address of the transferee."
Title: Everything You Need to Know About Oregon Notice of Transfer of Reserved Corporate Name Keywords: Oregon, Notice of Transfer, Reserved Corporate Name, requirements, process, types Introduction: The Oregon Notice of Transfer of Reserved Corporate Name is a crucial legal document that allows businesses to transfer ownership of a reserved corporate name to another entity. This article provides a detailed description of the notice, including its requirements, process, and different types. 1. Requirements for Oregon Notice of Transfer of Reserved Corporate Name: To successfully transfer a reserved corporate name in Oregon, businesses must adhere to certain requirements, including: — Active Reservation: The corporate name must already be reserved with the Oregon Secretary of State. — Transferee's Information: Full legal name, address, and contact details of the new owner or entity acquiring the reserved name. — Transferor's Information: Full legal name, address, and contact details of the current owner or entity transferring the reserved name. — Original Reservation Date: The original reservation date of the corporate name. — Filing Fee: It is essential to include the required fee for processing the transfer. 2. Process for Oregon Notice of Transfer of Reserved Corporate Name: The transfer process for an Oregon Notice of Transfer of Reserved Corporate Name involves the following steps: a. Download the Form: Obtain the official Oregon Notice of Transfer of Reserved Corporate Name form from the Secretary of State's website or office. b. Complete the Form: Provide accurate information regarding the transferee and transferor as specified in the requirements section. c. Pay the Fee: Include the necessary fee in a check or money order, payable to the Oregon Secretary of State. d. File the Form: Submit the completed form and fee payment to the Oregon Secretary of State's office either in person or by mail. e. Await Confirmation: Wait for confirmation from the Secretary of State that the transfer has been processed successfully. 3. Different Types of Oregon Notice of Transfer of Reserved Corporate Name: While there may not be distinct types of transfer notices, the Oregon Notice of Transfer of Reserved Corporate Name is primarily used when a corporation or LLC assigns its reserved name to a different entity. It is important to note that this document only applies to reserved corporate names and not to the transfer of a legal entity itself. Conclusion: The Oregon Notice of Transfer of Reserved Corporate Name is a vital component of corporate name reservation transfers within the state. By following the outlined requirements and process, businesses can ensure a smooth transition of ownership, allowing the transferee to utilize the reserved name for their legal entity. Remember, this notice solely applies to the transfer of reserved corporate names rather than transferring legal entities.
Title: Everything You Need to Know About Oregon Notice of Transfer of Reserved Corporate Name Keywords: Oregon, Notice of Transfer, Reserved Corporate Name, requirements, process, types Introduction: The Oregon Notice of Transfer of Reserved Corporate Name is a crucial legal document that allows businesses to transfer ownership of a reserved corporate name to another entity. This article provides a detailed description of the notice, including its requirements, process, and different types. 1. Requirements for Oregon Notice of Transfer of Reserved Corporate Name: To successfully transfer a reserved corporate name in Oregon, businesses must adhere to certain requirements, including: — Active Reservation: The corporate name must already be reserved with the Oregon Secretary of State. — Transferee's Information: Full legal name, address, and contact details of the new owner or entity acquiring the reserved name. — Transferor's Information: Full legal name, address, and contact details of the current owner or entity transferring the reserved name. — Original Reservation Date: The original reservation date of the corporate name. — Filing Fee: It is essential to include the required fee for processing the transfer. 2. Process for Oregon Notice of Transfer of Reserved Corporate Name: The transfer process for an Oregon Notice of Transfer of Reserved Corporate Name involves the following steps: a. Download the Form: Obtain the official Oregon Notice of Transfer of Reserved Corporate Name form from the Secretary of State's website or office. b. Complete the Form: Provide accurate information regarding the transferee and transferor as specified in the requirements section. c. Pay the Fee: Include the necessary fee in a check or money order, payable to the Oregon Secretary of State. d. File the Form: Submit the completed form and fee payment to the Oregon Secretary of State's office either in person or by mail. e. Await Confirmation: Wait for confirmation from the Secretary of State that the transfer has been processed successfully. 3. Different Types of Oregon Notice of Transfer of Reserved Corporate Name: While there may not be distinct types of transfer notices, the Oregon Notice of Transfer of Reserved Corporate Name is primarily used when a corporation or LLC assigns its reserved name to a different entity. It is important to note that this document only applies to reserved corporate names and not to the transfer of a legal entity itself. Conclusion: The Oregon Notice of Transfer of Reserved Corporate Name is a vital component of corporate name reservation transfers within the state. By following the outlined requirements and process, businesses can ensure a smooth transition of ownership, allowing the transferee to utilize the reserved name for their legal entity. Remember, this notice solely applies to the transfer of reserved corporate names rather than transferring legal entities.