Illinois Application for Renewal of Reservation of Corporate Name

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US-1054BG
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Description

Section 4.02 of the Revised Business Corporation Act provides: "A person may reserve the exclusive use of a corporate name, including a fictitious name for a foreign corporation whose corporate name is not available, by delivering an application to the secretary of state for filing. The application must set forth the name and address of the applicant and the name proposed to be reserved." This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

Illinois Application for Renewal of Reservation of Corporate Name is a legal document that enables corporations in the state of Illinois to extend their previously reserved corporate name. This application must be filed with the Illinois Secretary of State to ensure the continued exclusivity and protection of a corporate name. When a corporation wishes to renew the reservation of its corporate name, it must use the Illinois Application for Renewal of Reservation of Corporate Name form to provide necessary information and pay the required fees. This application ensures the continued use of a specific corporate name and prevents any other businesses from using a similar name, avoiding potential confusion and trademark infringement. The Illinois Application for Renewal of Reservation of Corporate Name requires several key details for completion. The primary information requested includes the corporation's name, address, and identification number. Additionally, the application may require the inclusion of the initial date of reservation and the current expiration date, ensuring accurate tracking of the reserved name's lifespan. It is important to note that the Illinois Secretary of State provides different versions of the Application for Renewal of Reservation of Corporate Name to accommodate various business structures. For instance, the form may differ for corporations, limited liability companies (LCS), partnerships, or other business entities. Therefore, it is crucial for applicants to choose the correct version corresponding to their specific business structure. Submitting the Illinois Application for Renewal of Reservation of Corporate Name promptly is crucial to avoid losing the name's reservation rights. Upon approval, the corporation will receive confirmation from the Illinois Secretary of State, granting the reservation extension. A renewed reservation of corporate name allows businesses to continue operating under their established identity, maintaining brand recognition and legal protection. In conclusion, the Illinois Application for Renewal of Reservation of Corporate Name is an essential document that allows businesses to extend the reservation of their corporate name in the state of Illinois. By accurately completing this application, businesses can ensure their exclusive use of the name, prevent confusion with other entities, and maintain their unique brand identity in the market.

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Start Your Illinois Business Registration Now Step 1: Choose an Illinois Entity Type. Step 2: Find the Name for Your Business. Step 3: Register Illinois DBA, LLC, or Corporation. Step 4: Apply for an Employer ID (EIN) Step 5: Open a Business Bank Account and Establish Credit. Step 6: Apply for Illinois Licenses and Permits.

To incorporate online, the Corporation must meet the following requirements: The name must be unique. Check the name availability to ensure this. The name must include one of the following words or abbreviations: Corporation or Corp. Company or Co. Incorporated or Inc.

Specific Rules for Illinois Business Names The name of a corporation or foreign corporation must contain: Shall contain, separate and apart from any other word or abbreviation in such name, the word "corporation", "company", "incorporated", or "limited", or an abbreviation of one of such words.

If you own a limited liability company (LLC) or a corporation, you can change your business name in Illinois by filing Articles of Amendment. Filing Articles of Amendment is a necessary step to changing your corporation's or LLC's name because it's part of keeping your business legally compliant.

After you form an LLC in Illinois, you must file an Annual Report and pay a $75 fee every year. You need to file your Annual Report in order to keep your Illinois LLC in compliance and in good standing with the Illinois Secretary of State.

States generally require that the legal name of your LLC or corporation include certain words indicating your business structure. Corporations: A corporation's name typically must include words like Corporation, Incorporated, Company, or Limited; or abbreviations, like Corp., Inc., Co., or Ltd.

A legal entity is any business organization that is legally permitted to enter into a contract, including a contract for the purchase, sale, or lease of real property. Legal entity interests may be owned individually, owned by another legal entity, or held in trust.

If you decide you would like to reserve a corporate name, you will need to complete and submit a Name Reservation form. Alternatively, a preliminary check of corporate name availability may continue to be conducted via telephone by calling 217-782-9521. Proper completion of this form is the customer's responsibility.

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May 15, 2012 — Type or print clearly. APPLICATION TO RESERVE A NAME. NOTICE OF TRANSFER OF RESERVED NAME. Secretary of State. Department of Business Services. If you decide you would like to reserve a corporate name, you will need to complete and submit a Name Reservation form. Alternatively, a preliminary check ...Select Form LLC-1.15: Application to Reserve a Name. This is the same form you can use to transfer or cancel a reservation as well. Only complete the section ... If available, a name can be reserved by filing a special “Company Name Reservation” application, and it's usually processed within 5-15 days. Reservation Period. Initial Registration ; Form: Application for Reservation of Name ; Agency Fee: $25 for corporations and LLCs; $50 for LPs ; Notes: Names are reserved for 90 days. Corp and LLC Certificate of Good Standing allows you to search for information regarding corporations, not-for-profit corporations, limited partnerships, ... Applicant Name and Address: Specify the name of the person for whom the reservation is made. If the name is being reserved by an existing corporation, limited ... Sep 20, 2023 — You can renew a name reservation by filing a new application during the 60-day period before the expiration of your last name reservation. The applicant whose reservation expired may still use the name as its corporate name ... a yearly basis by filing a renewal form with the Secretary of State.

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Illinois Application for Renewal of Reservation of Corporate Name