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Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious of Assumed Name

State:
Multi-State
Control #:
US-1341034BG
Format:
Word; 
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Description

An individual or a partnership may legally transact business under a fictitious or assumed name, unless prohibited by statute, provided there is no fraudulent intent, infringement of trademarks or tradenames, or unfair competition. Most states have enacted statutes regulating the conduct of business under a name that does not disclose the names of the interested persons, such statutes having the object of protecting the public by providing information as to the persons with whom they deal, so as to afford protection against fraud and deceit. A Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious or Assumed Name is a document which outlines the legal requirements for businesses operating under a fictitious or assumed name. This document is designed to help legal professionals understand the requirements that must be met in order to conduct business under a fictitious or assumed name. The checklist typically includes items such as: • Verifying the name of the business is distinct from any other business registered in the state or locality; • Obtaining a fictitious or assumed name certificate from the state; • Publishing notice of the assumed name in a local newspaper; • Filing the certificate with the state’Secretarstatuettete; • Registering the business name with the state’s department of taxation; • Obtaining necessary permits or licenses; • Posting a notice of assumed name in the business establishment; • Notifying banks, creditors, customers, and other parties of the assumed name; • Obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS); and • Adopting a corporate resolution or partnership agreement to adopt the assumed name. Different types of Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious or Assumed Name include: • Sole Proprietorship: This type of checklist is typically used by entrepreneurs operating as a sole proprietor. • Partnership: This type of checklist is typically used by partnerships conducting business under a fictitious or assumed name. • Corporation: This type of checklist is typically used by corporations conducting business under a fictitious or assumed name. • Limited Liability Company (LLC): This type of checklist is typically used by LCS conducting business under a fictitious or assumed name.

A Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious or Assumed Name is a document which outlines the legal requirements for businesses operating under a fictitious or assumed name. This document is designed to help legal professionals understand the requirements that must be met in order to conduct business under a fictitious or assumed name. The checklist typically includes items such as: • Verifying the name of the business is distinct from any other business registered in the state or locality; • Obtaining a fictitious or assumed name certificate from the state; • Publishing notice of the assumed name in a local newspaper; • Filing the certificate with the state’Secretarstatuettete; • Registering the business name with the state’s department of taxation; • Obtaining necessary permits or licenses; • Posting a notice of assumed name in the business establishment; • Notifying banks, creditors, customers, and other parties of the assumed name; • Obtaining an Employer Identification Number (EIN) from the Internal Revenue Service (IRS); and • Adopting a corporate resolution or partnership agreement to adopt the assumed name. Different types of Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious or Assumed Name include: • Sole Proprietorship: This type of checklist is typically used by entrepreneurs operating as a sole proprietor. • Partnership: This type of checklist is typically used by partnerships conducting business under a fictitious or assumed name. • Corporation: This type of checklist is typically used by corporations conducting business under a fictitious or assumed name. • Limited Liability Company (LLC): This type of checklist is typically used by LCS conducting business under a fictitious or assumed name.

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Checklist of Matters to be Considered when Drafting Certificates in Connection with Conduct of Business under Fictitious of Assumed Name