The Delaware Application for Transfer of Reservation of Statutory Trust Name is a document that is used in Delaware to reserve a trust name for up to 120 days. This document allows an applicant to reserve a trust name, so that the name can be used when forming a statutory trust. The document must be filed with the Delaware Division of Corporations and is required to be completed and submitted along with the appropriate filing fee. There are two types of Delaware Application for Transfer of Reservation of Statutory Trust Name: Standard and Expedited. The Standard application requires a filing fee of $75 and is processed within 7-10 business days. The Expedited application requires a filing fee of $150 and is processed within 1-2 business days.