Texas Business Corporation Act - Article 2.06. Reserved Name

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Art. 2.06. Reserved Name                                                      

A. The exclusive right to the use of a corporate name may be 
reserved by:   

(1) Any person intending to organize a corporation under this Act.            

(2) Any domestic corporation intending to change its name.                    

(3) Any foreign corporation intending to make application for a 
certificate of authority to transact business in this State.

(4) Any foreign corporation authorized to transact business in this 
State and intending to change its name.

(5) Any person intending to organize a foreign corporation and 
intending to have such corporation make application for a 
certificate of authority to transact business in this State.

B. The reservation shall be made by filing with the Secretary of 
State an application to reserve a specified corporate name, 
executed by the applicant or the attorney or agent thereof.  If the 
Secretary of State finds that the name is available for corporate 
use, he shall reserve the same for the exclusive use of the 
applicant for a period of one hundred and twenty (120) days.

C. The right to the exclusive use of a specified corporate name so 
reserved may be transferred to any other person or corporation by 
filing in the office of the Secretary of State a notice of such 
transfer, executed by the applicant for whom the name was reserved, 
and specifying the name and address of the transferee.

D. Any person for whom a specified corporate name has been reserved 
pursuant to Section B of this article may, during the period for 
which such name is reserved, terminate such reservation by filing 
with the Secretary of State an application for cancellation of 
reservation of corporate name, together with the applicable fee.

Acts 1955, 54th Leg., p. 239, ch. 64, eff. Sept. 6, 1955.  Amended by 
Acts 1997, 75th Leg., ch. 375, Sec. 4, eff. Sept. 1, 1997.

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Last modified: August 10, 2007