Arizona Laws 29-303. Reservation of name
A. The exclusive right to the use of a name may be reserved by:
Terms Used In Arizona Laws 29-303
- domestic limited partnership: means a partnership formed by two or more persons under the laws of this state and having one or more general partners and one or more limited partners. See Arizona Laws 29-301
- Foreign limited partnership: means a partnership formed under the laws of any state or other jurisdiction other than this state and having as partners one or more general partners and one or more limited partners. See Arizona Laws 29-301
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means a natural person, partnership, domestic or foreign limited partnership, trust, estate, association, corporation or entity. See Arizona Laws 29-301
- State: means a state, territory or possession of the United States, the District of Columbia or the Commonwealth of Puerto Rico. See Arizona Laws 29-301
1. Any person intending to organize a limited partnership under this act and to adopt that name;
2. Any domestic limited partnership or any foreign limited partnership registered in this state which, in either case, intends to adopt that name;
3. Any foreign limited partnership intending to register in this state and adopt that name; and
4. Any person intending to organize a foreign limited partnership and intending to have it registered in this state and adopt that name.
B. The reservation shall be made by filing with the secretary of state an application, executed by the applicant, to reserve a specified name. If the secretary of state finds that the name is available for use by a domestic or foreign limited partnership, he shall reserve the name for the exclusive use of the applicant for a period of one hundred twenty days. Once having so reserved a name, the same applicant may not again reserve the same name until more than sixty days after the expiration of the last one hundred twenty day period for which that applicant reserved that name. The right to the exclusive use of a reserved name may be transferred to any other person by filing in the office of the secretary of state a notice of the transfer, executed by the applicant for whom the name was reserved and specifying the name and address of the transferee.