Wisconsin 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. Keywords: Wisconsin, application, extension of time period, reservation, corporate name Title: Understanding the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name Introduction: The Wisconsin Application for Extension of Time Period for Reservation of Corporate Name is a crucial legal procedure for businesses operating in the state. This application allows corporations to request an extension of the time period allotted for reserving their chosen corporate name. In this article, we will delve into the details of this application, its significance, and the different types of extensions available. 1. Importance of Reserving a Corporate Name: Before exploring the application for an extension of the reservation period, it is crucial to understand the significance of reserving a corporate name. When forming a corporation, securing a unique and suitable name is essential to maintain brand identity. By reserving a corporate name, businesses in Wisconsin can ensure no other entity uses the same name during the reservation period. 2. Understanding the Wisconsin Application for Extension of Time Period: The application for an extension of the time period for reservation of a corporate name in Wisconsin allows businesses to request additional time beyond the initial reservation period. This can be useful if corporations need more time to finalize registration or address any unforeseen circumstances that may delay the registration process. 3. Standard Extension of Time Period: The standard extension of time period is applicable when corporations need a short-duration extension. By submitting the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name, businesses can extend the reservation period for a specific amount of time, typically ranging from a few weeks to a few months. 4. Multiple Standard Extensions: In certain cases, corporations may require multiple extensions to secure their desired corporate name fully. The Wisconsin Application for Extension of Time Period enables entities to apply for multiple standard extensions, allowing them sufficient time to complete the registration process without the risk of losing their chosen name. 5. Extraordinary Extension of Time Period: An extraordinary extension of the time period is a more extended extension granted under exceptional circumstances. Businesses facing significant delays or legal complications in the registration process can apply for an extraordinary extension using the Wisconsin Application. This, however, may require providing detailed reasons and additional supporting documentation. 6. Filing Process: To file the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name, businesses must complete the necessary application form provided by the Wisconsin Department of Financial Institutions. The form typically requires basic information such as corporation name, reservation period, reason for extension, and any supporting documents when applying for extraordinary extensions. Conclusion: The Wisconsin Application for Extension of Time Period for Reservation of Corporate Name offers businesses the flexibility to secure their desired corporate names, ensuring brand integrity and differentiation. By understanding the various types of extensions available, corporations can make informed decisions and successfully navigate the name registration process in Wisconsin.

Keywords: Wisconsin, application, extension of time period, reservation, corporate name Title: Understanding the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name Introduction: The Wisconsin Application for Extension of Time Period for Reservation of Corporate Name is a crucial legal procedure for businesses operating in the state. This application allows corporations to request an extension of the time period allotted for reserving their chosen corporate name. In this article, we will delve into the details of this application, its significance, and the different types of extensions available. 1. Importance of Reserving a Corporate Name: Before exploring the application for an extension of the reservation period, it is crucial to understand the significance of reserving a corporate name. When forming a corporation, securing a unique and suitable name is essential to maintain brand identity. By reserving a corporate name, businesses in Wisconsin can ensure no other entity uses the same name during the reservation period. 2. Understanding the Wisconsin Application for Extension of Time Period: The application for an extension of the time period for reservation of a corporate name in Wisconsin allows businesses to request additional time beyond the initial reservation period. This can be useful if corporations need more time to finalize registration or address any unforeseen circumstances that may delay the registration process. 3. Standard Extension of Time Period: The standard extension of time period is applicable when corporations need a short-duration extension. By submitting the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name, businesses can extend the reservation period for a specific amount of time, typically ranging from a few weeks to a few months. 4. Multiple Standard Extensions: In certain cases, corporations may require multiple extensions to secure their desired corporate name fully. The Wisconsin Application for Extension of Time Period enables entities to apply for multiple standard extensions, allowing them sufficient time to complete the registration process without the risk of losing their chosen name. 5. Extraordinary Extension of Time Period: An extraordinary extension of the time period is a more extended extension granted under exceptional circumstances. Businesses facing significant delays or legal complications in the registration process can apply for an extraordinary extension using the Wisconsin Application. This, however, may require providing detailed reasons and additional supporting documentation. 6. Filing Process: To file the Wisconsin Application for Extension of Time Period for Reservation of Corporate Name, businesses must complete the necessary application form provided by the Wisconsin Department of Financial Institutions. The form typically requires basic information such as corporation name, reservation period, reason for extension, and any supporting documents when applying for extraordinary extensions. Conclusion: The Wisconsin Application for Extension of Time Period for Reservation of Corporate Name offers businesses the flexibility to secure their desired corporate names, ensuring brand integrity and differentiation. By understanding the various types of extensions available, corporations can make informed decisions and successfully navigate the name registration process in Wisconsin.