47-1A-401.3. Corporate name--Use of name upon merger, reorganization, or acquisition of assets.
87 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-401-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation may use the name, including the fictitious name, of another domestic or foreign corporation that is used in this state if the other corporation is incorporated or authorized to transact business in this state and the proposed user corporation:
(1)Has merged with the other corporation;
(2)Has been formed by reorganization of the other corporation; or
(3)Has acquired all or substantially all of the assets, including the corporate name, of the other corporation.
This chapter does not control the use of fictitious names.