Alabama Change of company name
Description
How to fill out Change Of Company Name?
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FAQ
A Petition for Name Change must be filed with the court in the county in which the Petitioner (the person filing the petition) resides. There may be filing fees of approximately $25-$100 dollars set by the court, and many counties require background checks, which also have an additional cost.
PURPOSE: In order to amend a Limited Liability Company's (LLC) Certificate of Formation under Section 10A-5A-2.02 of the Code of Alabama 1975, this Certificate of Amendment and the appropriate filing fees must be filed with the Office of the Secretary of State.
An entity name reservation in the state of Alabama will hold your name for an entire year, at which point you can renew your reservation.
There is no State requirement in Alabama to have an operating agreement, however, it is still highly recommended to have one in order to state the purpose of the business as well as the ownership interest of the members (if a multi-member LLC).
Limited Liability Companies (LLC) If changing entity name, must attach new name reservation certificate. This form can be filled out on your computer and then printed. This form can be filled out on your computer and then printed. If changing entity name, must attach new name reservation certificate.
One way to transfer LLC ownership in Alabama is to have the existing members of the LLC buy out the partner who wants to leave. The leaving partner's ownership interest is then split among the remaining LLC members. To handle the transfer of ownership this way, you need to create a buy/sell agreement.
To complete a business name change in Alabama, you need to file a form such as an Amendment to Certificate of Incorporation (for corporations), or a Certificate of Amendment (for LLCs).
In Alabama, businesses must register a unique legal entity name for the state to identify them. This ensures that there are no other businesses with the same name as yours. Alabama's naming laws also provide guidelines regarding company suffixes such as LLC, LP, or Corp.
