Minnesota Statutes 5.35 – Automatic Name Reservation
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Upon the dissolution or termination of the filing of any business entity or assumed name for failure to file the annual renewal, the secretary of state shall automatically file a name reservation to hold that name on behalf of the dissolved or terminated entity for a period of one year from the date of the dissolution or termination.
Terms Used In Minnesota Statutes 5.35
- Business entity: means an organization that is formed under chapter 300, 301, 302A, 303, 308, 308A, 308B, 315, 317, 317A, 319, 319A, 321, 322A, 322B, 322C, 323, or 323A and that has filed documents with the secretary of state. See Minnesota Statutes 5.001
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44