17-7402. Reservation of exclusive right to corporate name; procedure; transfer.
17-7402
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 a
certificate of authority to transact business in this state;
(d) any foreign corporation authorized to transact business in this
state, and intending to change its name; and
(e) any person intending to organize a foreign corporation, and
intending to have such corporation make application for a certificate of
authority to transact business in this state.
The reservation shall be made by filing with the secretary of state an
application to reserve a specific corporate name, executed by the
applicant. The reservation may be filed by telefacsimile communication as
prescribed by K.S.A. 17-6003a, and amendments thereto. If the secretary of
state finds that the name is available for
corporate use, he shall reserve the same for the exclusive use of the
applicant 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 the
office of the secretary of state, a notice of such transfer, executed by
the applicant for whom the name was reserved, and specifying the name and
address of the transferee.
History: L. 1972, ch. 52, § 150;
L. 1996, ch. 135, § 4; July 1.