New Mexico Application for Extension of Time Period for Reservation of Corporate Name

• Category: Employment - Applications
• State: Multi-State
• Control #: US-1056BG
• Format: Word; Rich Text

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.

Title: New Mexico Application for Extension of Time Period for Reservation of Corporate Name Introduction: In the state of New Mexico, businesses have the opportunity to reserve a corporate name for their future use, giving them exclusive rights to that name. However, circumstances may arise where a business needs more time to utilize the reserved name. In such cases, the New Mexico Application for Extension of Time Period for Reservation of Corporate Name provides businesses with an avenue to extend the reservation period. This article will provide a detailed description of the application, its purpose, and identify any variations or types available. 1. What is the New Mexico Application for Extension of Time Period for Reservation of Corporate Name? The New Mexico Application for Extension of Time Period for Reservation of Corporate Name is a formal request made by businesses in New Mexico to extend the initial reservation period granted to them for the exclusive use of a corporate name. 2. Purpose of the Application: The primary purpose of this application is to accommodate businesses that, due to unforeseen circumstances or delays, require additional time to utilize the reserved name. By submitting this application, businesses can extend the reservation period, ensuring the name remains unavailable to other potential applicants. 3. Primary Types of New Mexico Application for Extension of Time Period for Reservation of Corporate Name: a. Standard Extension Application: The Standard Extension application is the primary type. It caters to businesses that have already reserved a corporate name but need to extend the reservation period beyond the initially granted time frame. b. Expedited Extension Application: The Expedited Extension application is available for businesses that require a quicker response due to urgent business needs. This type is subject to an additional fee and is typically processed faster than the standard application. 4. Key Information Required: To complete the Application for Extension of Time Period for Reservation of Corporate Name, businesses must provide the following information: a. Business Information: — Legabusinessmanam— - Registered agent name and contact information — Mailing address b. Original Reservation Details: — Original reservation expiratioDATat— - Reservation number c. Reason for Extension: — Explanation of why the extension is necessary — Supporting documentation (if required) d. Signature and Date: — Signature of an authorized representative — Date of application submission Conclusion: The New Mexico Application for Extension of Time Period for Reservation of Corporate Name offers businesses the ability to extend their exclusive rights to a reserved corporate name when circumstances warrant additional time. By utilizing either the Standard or Expedited Extension Application, businesses can ensure that their desired name remains protected until they are ready to incorporate or utilize it for their operations.