Indiana 26233- Application for Reservation of Exclusive Use of Corporate Name is a form that is completed to reserve the exclusive use of a proposed corporate name in the state of Indiana. The form must be filed with the Indiana Secretary of State's office in order to reserve the exclusive use of a corporate name for 120 days. It can be completed online or by mail. Different types of Indiana 26233- Application for Reservation of Exclusive Use of Corporate Name include: an application to reserve the exclusive use of a corporate name for a nonprofit, an application to reserve the exclusive use of a corporate name for a regular business, and an application to reserve the exclusive use of a corporate name for a professional service corporation.
Indiana 26233- Application for Reservation of Exclusive Use of Corporate Name
Description
Key Concepts & Definitions
26233 Application for Reservation of Exclusive Use: This refers to a form used typically by entities to reserve a corporate name or business name exclusively for their use within a state. Exclusive Use: A term generally applied to business names, trademarks, or real estate ensuring that the use of a name or property is restricted to the holder. Secretary of State (SOS): The state level office responsible for the registration and management of business entities and related activities.
Step-by-Step Guide to Register a Business Name Exclusively
- Check Available Names: Utilize the SOS website to check if the desired business name is available.
- Application Reservation: Complete the Form 26233 for reservation of your exclusive business or corporate name.
- Submit Application: File the application with the Secretary of State office along with the required fee.
- Receive Confirmation: Obtain confirmation and proof of reservation valid for a specified period, typically one year.
Risk Analysis
- Rejection of Application: If the name does not meet state requirements or is already in use, the application may be rejected.
- Expiration Risk: Failure to renew the reservation can result in losing exclusive rights to the name.
- Legal Challenges: Possibility of legal disputes if the reserved name infringes on existing trademarks or business names.
Key Takeaways
- Ensure thorough research and utilize free information available through the Secretary of State's resources to check name availability.
- Understand that holding an exclusive name reservation does not equate to permanent rights unless it is actively used and regularly renewed.
- Consider legal consultations to mitigate potential risks of trademark or name disputes.
Common Mistakes & How to Avoid Them
- Not checking for similar existing trademarks or business names that could conflict with your chosen name.
- Delaying the renewal of an exclusive reservation leading to availability to others.
- Ignoring state-specific filing requirements which can differ significantly across the United States.
How to fill out Indiana 26233- Application For Reservation Of Exclusive Use Of Corporate Name?
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FAQ
How much does it cost to form a corporation in Indiana? You can register your business name with the Indiana Secretary of State for $20. To file your Articles of Incorporation, the Indiana Secretary of State charges a $100 filing fee.
Indiana is a business-friendly state with significant asset protection and limited liability rules to protect owners and officers from liabilities arising from the business. Other states offer essentially the same protection provided under Indiana law, with slight variations state by state.
It costs $100 to form an Indiana LLC if you submit paperwork by mail, and about $97 if you file online. In addition to these state fees, you may have additional costs if you reserve a name in advance, hire an LLC service to prepare and submit your paperwork for you or hire a professional registered agent.
Incorporate in Indiana Form and file your Indiana Articles of Incorporation. Pay the filing fee: $98 online, $100 by mail. Apply for a federal tax ID (EIN) Hold your organizational meeting and create bylaws. Open a bank account for your Indiana corporation. Register at Indiana's Department of Revenue.
Selecting A Name For Your Business Indiana Law requires that the name of a Corporation, L.L.C., L.P., and an L.L.P. must be distinguishable from the names of other businesses of the same type on the records of the Secretary of State's office.
Naming your Indiana LLC The name you select for your LLC must include the words "Limited Liability Company," or an abbreviation thereof. Plus, your LLC's name must be distinguishable on the records of the Secretary of State's office from the names of other domestic or foreign filing entities, reserved or assumed names.
How to incorporate a business Step 1: Name your corporation. Step 2: Create your articles of incorporation. Step 3: Establish the initial registered office address and first board of directors. Step 4: Submit and pay the fee.