Texas Application for Renewal of Reservation of Corporate Name

State:
Multi-State
Control #:
US-1054BG
Format:
Word; 
Rich Text
Instant download

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.

How to fill out Application For Renewal Of Reservation Of Corporate Name?

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FAQ

You can reserve a name for 120 days by filing an Application for Reservation or Renewal of Reservation of an Entity Name (Form 501) with the Texas Secretary of State. The reservation may be filed online through the Texas Secretary of State SOSDirect website or filed by mail. The filing fee is $40.

This can be no more than 10 years. Assuming you choose the maximum term, you'll need to file a new assumed name certificate every 10 years. You can also renew your Texas DBA by filing Form 505 - General Information (Application for Renewal of Registration of an Entity Name).

Duration: The assumed name certificate shall be effective for a term not to exceed ten years from the date the certificate is filed and may be renewed by filing a new certificate within six months of the expiration of the original certificate (TBCC § 71.151).

A name reservation may be renewed by filing a new application during the 30-day period preceding the expiration of the current reservation. not required for filing the name reservation, the organizational designation, if applicable, must be included in the certification of formation or registration.

Send file form 503 online texas via email, link, or fax. You can also download it, export it or print it out. Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Send file form 503 online texas via email, link, or fax.

Most states that require a DBA to be registered also require that they be renewed. The average timeframe for renewal is about five years, plus or minus a few. Some counties/cities/states require annual renewal, while others (such as Texas) don't require renewal for up to 10 years.

A DBA (Doing Business As) is an official filing you make with either the local or statewide government offices for registering the name under which you will be conducting business. In Texas, we generally refer to DBA registration as filing an Assumed Name Certificate.

Submit the completed form in duplicate to the Secretary of State's office. Texas only accepts DBA filings by mail, in person, or by fax. It costs $25 to register your DBA in Texas. If paying with a credit card you'll need to factor in a 2.7% convenience fee.

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Texas Application for Renewal of Reservation of Corporate Name