Oakland Michigan Reservation of Limited Partnership Name

State:
Multi-State
County:
Oakland
Control #:
US-P1205-1AM
Format:
Word; 
Rich Text
Instant download

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.

Oakland Michigan Reservation of Limited Partnership Name refers to the process of reserving a unique business name for a limited partnership in Oakland County, Michigan. Limited partnerships are a type of business structure where at least one partner has unlimited liability (known as a general partner) and other partners have limited liability (known as limited partners). Reserving a limited partnership name is important to ensure that the chosen name is available and will not be used by another entity in the same jurisdiction. The reservation process allows businesses to secure a specific name while they complete the necessary paperwork and formalities to establish the limited partnership. Types of Oakland Michigan Reservation of Limited Partnership Name: 1. Name Reservation: This type of reservation involves securing the exclusive use of a specific business name for a limited period. It prevents other limited partnerships or entities from using the same name during the reservation period. Name reservations are typically valid for a predetermined duration, often 90 days, giving the business owners ample time to complete the necessary filings. 2. Extension Request: If the initial name reservation period is about to expire and the limited partnership is not ready to proceed with the filing, an extension request can be made. The request extends the reservation for an additional period, usually granting around 60 extra days. This extension ensures that the business retains exclusive rights to their chosen name until they are ready to establish the limited partnership officially. 3. Withdrawal: In some cases, a business may need to withdraw a name reservation if they no longer plan to establish a limited partnership or wish to choose an alternative name. A withdrawal should be made to free up the reserved name for other businesses to use. 4. Reinstatement: If a reserved name was allowed to expire without filing the necessary formation documents, it may be reinstated within a specific time frame. Reinstatement allows the business to regain the exclusive rights to their chosen name for a limited period, usually providing an opportunity to correct any delays or oversights in the original filing process. Properly reserving a limited partnership name in Oakland County, Michigan, ensures that businesses can secure their desired name and proceed with the necessary steps to establish their limited partnership. It is important to comply with the regulations and timeframes set by the county to avoid any complications or potential conflicts with other entities.

How to fill out Oakland Michigan Reservation Of Limited Partnership Name?

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FAQ

There is a $10 filing fee for all Name Reservation Requests. If you deliver the form in-person, there is an additional $10 fee. The Name Reservation form allows you to propose three possible business names which you can list in order of preference. The Secretary of State will grant only one name to your company.

Reservation Number or (PNR) means the Passenger name record in the database of Our computer reservation system that contains the itinerary for a passenger, or a group of passengers travelling together.

Yes. The public uses the Secretary of State's records to identify the principals related to the particular type of filing to validate business and financial transactions, as well as for providing legal notices.

Step 1: Visit the California Entity Name Database. Go to the California Secretary of State's website. Step 2: Search for a Business Name. Select the type of entity you are searching for (Corporation or LP/LLC), enter your desired name, and click Search.Step 3: Review Results.

A name can be reserved for a period of 60 days. For faster service, name reservations can be submitted online through our enhanced online services at bizfileOnline.sos.ca.gov. The reservation can be renewed to the same applicant or for the benefit of the same party, but not for consecutive 60-day periods.

A California name reservation is necessary when taking steps to incorporate your business in California. The business name you choose must be unique and distinguishable from other business names that have been reserved or registered with California's secretary of state.

California Corporation Naming Rules: Your name must contain the word corporation, company, incorporated, limited or an abbreviation of one of these terms. Your name must be distinguishable from any existing business in your state.

Use the USPTO's free trademark database. You can search for federally registered trademarks by using the free trademark database on the USPTO's website. To start, go to the USPTO's Trademark Electronic Business Center and choose "Search trademarks." Then follow the instructions you see on the screen.

To reserve the name, click the Click here to Reserve Company Name button. Once the Click here to Reserve Company Name' button is pressed, the system will display an information message Your proposed company name is now reserved.

To see if a specific company name exists and is trademarked, search for the name using the USPTO website's electronic search system. This search is especially important because failure to check existing trademarks could result in charges of willful infringement of a company's trademark rights.

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Oakland Michigan Reservation of Limited Partnership Name