Alabama Reservation of Limited Partnership Name is a legal process that allows individuals or entities in the state of Alabama to reserve a specific name for a limited partnership before formally creating or registering it. This reservation ensures that the desired name remains available while the necessary paperwork and preparations are being made. The Alabama Reservation of Limited Partnership Name offers a level of protection by preventing others from using the reserved name during the reservation period. This allows individuals or entities to proceed with their plans without worrying about their preferred name being taken by another party. There are two types of Alabama Reservation of Limited Partnership Name: 1. Reservation of Limited Partnership Name: This type of reservation specifically applies to the name of a limited partnership. By filing a reservation, the individual or entity ensures that the name remains reserved for up to 120 days. This allows sufficient time to complete the required legal processes and filings associated with establishing a limited partnership. 2. Renewal of Reservation of Limited Partnership Name: If the individual or entity requires additional time to complete the formation of the limited partnership, they can file for a renewal of the reservation. This extends the reservation period for an additional 120 days, providing a total of 240 days to finalize the establishment of the limited partnership. It is important to note that the Alabama Reservation of Limited Partnership Name does not create the limited partnership itself. It is a separate legal process specifically aimed at reserving the desired name for a limited partnership. To formally establish the limited partnership, individuals or entities must comply with the applicable legal requirements, including filing the necessary documents, paying fees, and meeting other regulations set forth by the Alabama Secretary of State or other governing bodies. By utilizing the Alabama Reservation of Limited Partnership Name, individuals and entities can secure their desired name for a limited partnership, ensuring that it remains available throughout the necessary formation period. This reservation process helps to streamline the establishment of a limited partnership and provides peace of mind to those involved in the process.
Alabama Reservation of Limited Partnership Name
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How to fill out Alabama Reservation Of Limited Partnership Name?
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Initial Registration Form:Name Reservation Request Form for Domestic Entities or Name Reservation Request Form For Foreign EntitiesFiling Method:Mail or online.Agency Fee:$25Notes:Name Reservations are good for a period of one year from the date of filing.
Online Service Available: Go to .sos.alabama.gov and click on Business Services (below the picture), and scroll down to the Name Reservation Menu. Non-subscribers pay a $28 fee with a credit card and receive the reservation by printing it immediately at the end of the process.
Your entity name must contain the words Limited Liability Company or the abbreviation L.L.C. or LLC. You must obtain a Certificate of Name Reservation [10A-1-4.02(f)] prior to filing your formation documents. File the original and one copy of the Certificate of Formation with the Secretary of State.
What does it mean to reserve a name? By reserving a name with the secretary of state before forming your business in your home state or registering your business in a foreign state, you temporarily prevent others from using it for their entities.
The state of Alabama requires that you complete a Name Reservation Request form and file it with the Alabama SOS prior to filing for your Certificate of Formation. Once you do so, your name will be reserved for one year.
Initial Registration Form:Name Reservation Request Form for Domestic Entities or Name Reservation Request Form For Foreign EntitiesFiling Method:Mail or online.Agency Fee:$25Notes:Name Reservations are good for a period of one year from the date of filing.
Go to .sos.alabama.gov and click on Business Services (below the picture), Scroll down to the Name Reservation Menu and then Renew Expiring Name Reservation in the Name Reservation Menu. Non-subscribers pay $27.75 with a credit card and receive the certificate by printing it immediately at the end of the process.
Online Service Available: Go to .sos.alabama.gov and click on Business Services (below the picture), and scroll down to the Name Reservation Menu. Non-subscribers pay a $28 fee with a credit card and receive the reservation by printing it immediately at the end of the process.
