17-7402.   Reservation of exclusive right to corporate name; procedure;transfer.The exclusive right to the use of a corporate name may be reserved by:(a) Any person intending to organize a corporation under this act;

      (b)   any domestic corporation intending to change its name;

      (c)   any foreign corporation intending to make application for acertificate of authority to transact business in this state;

      (d)   any foreign corporation authorized to transact business in thisstate, and intending to change its name; and

      (e)   any person intending to organize a foreign corporation, andintending to have such corporation make application for a certificate ofauthority to transact business in this state.

      The reservation shall be made by filing with the secretary of state anapplication to reserve a specific corporate name, executed by theapplicant. The reservation may be filed by telefacsimile communication asprescribed by K.S.A. 17-6003a, and amendments thereto. If the secretary ofstate finds that the name is available forcorporate use, he shall reserve the same for the exclusive use of theapplicant for a period of 120 days.

      The right to exclusive use of a specified corporate name, so reserved,may be transferred to any other person or corporation by filing in theoffice of the secretary of state, a notice of such transfer, executed bythe applicant for whom the name was reserved, and specifying the name andaddress of the transferee.

      History:   L. 1972, ch. 52, § 150;L. 1996, ch. 135, § 4; July 1.