Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name

• Category: Employment - Applications
• State: Multi-State
• County: Franklin
• 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. Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name is a formal request made by a corporation based in the Franklin County, Ohio area to extend the time period within which it can reserve a specific corporate name. This application is necessary when a corporation wishes to reserve a particular name for future use but requires more time beyond the initial reservation period to finalize their plans or complete the required paperwork. Keywords: Franklin Ohio, application, extension of time period, reservation of corporate name, Franklin County, corporation, name reservation, formal request, specific name, future use, paperwork Types of Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name: 1. Initial Application for Reservation of Corporate Name: This is the first step a corporation takes to reserve a specific name for its future use. The initial application allows the corporation to secure the rights to the name for a defined period, typically 180 days, during which no other entity can use the same name within the jurisdiction of Franklin County, Ohio. 2. Application for Extension of Time Period: If the initial 180-day reservation period is about to expire and the corporation requires more time to complete the necessary steps for incorporating or finalizing their business plans, an application for an extension of the time period can be filed. This application asks for an additional timeframe, typically 90 days, beyond the initial 180-day reservation period. 3. Supporting Documentation: Along with the application for an extension, the corporation may need to submit supporting documents such as a detailed explanation of the need for the extension, any relevant business plans or legal requirements that caused the delay, and any additional information that may support their case for the extended reservation time. 4. Application Approval or Denial: Once the application for extension of time period for reservation of the corporate name is filed, it undergoes a review process by the relevant authorities in Franklin County, Ohio. Based on the validity of the reasons provided, the authorities may either approve or deny the application. If approved, the corporation will be granted an additional period to reserve the name, protecting it from being used by others in the meantime. However, if denied, the corporation may need to choose an alternative name or restart the reservation process. In conclusion, the Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name is a crucial step for corporations based in Franklin County, Ohio, allowing them to secure a specific name for their future business operations. The detailed application and supporting documentation ensure that the extension request is valid, and the approval guarantees the protection of the desired corporate name.

Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name is a formal request made by a corporation based in the Franklin County, Ohio area to extend the time period within which it can reserve a specific corporate name. This application is necessary when a corporation wishes to reserve a particular name for future use but requires more time beyond the initial reservation period to finalize their plans or complete the required paperwork. Keywords: Franklin Ohio, application, extension of time period, reservation of corporate name, Franklin County, corporation, name reservation, formal request, specific name, future use, paperwork Types of Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name: 1. Initial Application for Reservation of Corporate Name: This is the first step a corporation takes to reserve a specific name for its future use. The initial application allows the corporation to secure the rights to the name for a defined period, typically 180 days, during which no other entity can use the same name within the jurisdiction of Franklin County, Ohio. 2. Application for Extension of Time Period: If the initial 180-day reservation period is about to expire and the corporation requires more time to complete the necessary steps for incorporating or finalizing their business plans, an application for an extension of the time period can be filed. This application asks for an additional timeframe, typically 90 days, beyond the initial 180-day reservation period. 3. Supporting Documentation: Along with the application for an extension, the corporation may need to submit supporting documents such as a detailed explanation of the need for the extension, any relevant business plans or legal requirements that caused the delay, and any additional information that may support their case for the extended reservation time. 4. Application Approval or Denial: Once the application for extension of time period for reservation of the corporate name is filed, it undergoes a review process by the relevant authorities in Franklin County, Ohio. Based on the validity of the reasons provided, the authorities may either approve or deny the application. If approved, the corporation will be granted an additional period to reserve the name, protecting it from being used by others in the meantime. However, if denied, the corporation may need to choose an alternative name or restart the reservation process. In conclusion, the Franklin Ohio Application for Extension of Time Period for Reservation of Corporate Name is a crucial step for corporations based in Franklin County, Ohio, allowing them to secure a specific name for their future business operations. The detailed application and supporting documentation ensure that the extension request is valid, and the approval guarantees the protection of the desired corporate name.