Texas Application for Renewal of Reservation of Corporate Name

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Multi-State
Control #:
US-1054BG
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Word; 
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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 Texas Application for Renewal of Reservation of Corporate Name is a legal document that allows a corporation to maintain exclusive rights to its business name in the state of Texas. This application is essential for organizations looking to extend their reservation period and prevent others from using the same or similar business name. To ensure a detailed understanding of the Texas Application for Renewal of Reservation of Corporate Name, here are some relevant keywords to consider: 1. Texas Secretary of State: The government agency responsible for overseeing corporate registrations and name reservations in Texas. All applications for renewal of name reservations must be submitted to this authority. 2. Corporate Name Reservation: Refers to the initial process of securing a unique business name in Texas. This reservation is typically valid for a specific period and can be renewed using the application in focus. 3. Renewal Process: The procedure required to extend the reservation period for a corporate name. The Texas Application for Renewal of Reservation of Corporate Name ensures continued exclusivity for the business entity. 4. Name Availability: The verification process carried out by the Texas Secretary of State to assess the availability of a particular corporate name. This step ensures no other company is already operating under the desired name. 5. Certificate of Renewal: The official documentation issued by the Texas Secretary of State once the application is approved. This certificate serves as proof of renewed name reservation and should be retained by the corporation for future reference. 6. Filing Fee: The mandatory payment required to submit the Texas Application for Renewal of Reservation of Corporate Name. The fee amount can vary and should be paid in the specified form accepted by the Texas Secretary of State. It is important to note that there may not be different types of Texas Application for Renewal of Reservation of Corporate Name as the process generally remains standardized. However, variations in requirements or updates to the application itself may occur over time. Therefore, it is crucial to refer to the latest version of the official form provided by the Texas Secretary of State to ensure compliance and accuracy during the renewal process.

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FAQ

You can reserve a name for 120 days by filing an Application for Reservation or Renewal of Reservation of an Entity Name (Form 501) with the Texas Secretary of State. The reservation may be filed online through the Texas Secretary of State SOSDirect website or filed by mail. The filing fee is $40.

This can be no more than 10 years. Assuming you choose the maximum term, you'll need to file a new assumed name certificate every 10 years. You can also renew your Texas DBA by filing Form 505 - General Information (Application for Renewal of Registration of an Entity Name).

Duration: The assumed name certificate shall be effective for a term not to exceed ten years from the date the certificate is filed and may be renewed by filing a new certificate within six months of the expiration of the original certificate (TBCC § 71.151).

A name reservation may be renewed by filing a new application during the 30-day period preceding the expiration of the current reservation. not required for filing the name reservation, the organizational designation, if applicable, must be included in the certification of formation or registration.

Send file form 503 online texas via email, link, or fax. You can also download it, export it or print it out. Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Send file form 503 online texas via email, link, or fax.

Most states that require a DBA to be registered also require that they be renewed. The average timeframe for renewal is about five years, plus or minus a few. Some counties/cities/states require annual renewal, while others (such as Texas) don't require renewal for up to 10 years.

A DBA (Doing Business As) is an official filing you make with either the local or statewide government offices for registering the name under which you will be conducting business. In Texas, we generally refer to DBA registration as filing an Assumed Name Certificate.

Submit the completed form in duplicate to the Secretary of State's office. Texas only accepts DBA filings by mail, in person, or by fax. It costs $25 to register your DBA in Texas. If paying with a credit card you'll need to factor in a 2.7% convenience fee.

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The Application for Reservation or Renewal is pretty straightforward. Elect Either “New Application” or “Renewal” Designate the Entity Type of Your Business (LLC, Corporation, etc.) List the Applicant Name (Either a Business or Individual) List the Applicant Address (Street or Mailing) Sign and Date. Applicant Name and Address: Specify the name of the person for whom the reservation is made. If the name is being reserved by an existing corporation, limited ...To file a renewal of an name reservation using SOSDirect: Logon to the SOSDirect system and select the Business Organizations Tab. Any business which wishes to reserve a name for its sole use in Texas must file the appropriate application with the office of the secretary of state. To renew your name reservation, you must file another Form 501 (see below) with an additional $40 fee in the 30 days preceding your reservation's expiration. If ... Form: Form 505: Application for Renewal of Registration of an Entity Name ; Agency Fee: $40 ; Due: Name registrations expire annually by the date of issuance. Application For Reservation Or Renewal Of Reservation Of An Entity Name Form. This is a Texas form and can be use in General Business Secretary Of State. If available, a name can be reserved by filing a special “Company Name Reservation” application, and it's usually processed within 1 week. Reservation Period. Form 501 ; (Application for Reservation or Renewal of Reservation of an Entity Name) ; The attached form is drafted to meet minimal statutory filing requirements ...

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Texas Application for Renewal of Reservation of Corporate Name