Iowa Application for Reservation of Name [490.402] is a form that is used to reserve a business name in the state of Iowa. This form must be completed and filed with the Iowa Secretary of State in order to reserve a business name for a period of up to 120 days. The application allows businesses to reserve a name prior to forming a corporation, limited liability company, limited partnership, or limited liability partnership. There are two types of the Iowa Application for Reservation of Name [490.402]: a regular reservation and an expedited reservation. The regular reservation costs $20 and is valid for 120 days, while the expedited reservation costs $30 and is valid for only 30 days. Both types of applications require the applicant to provide the proposed business name, the name of the applicant, and the purpose of the business.