§ 1652.
115 words·~1 min read·
/vt/title-11/chapter-15/1652A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 1652. Reserved name
(a)A person may reserve the exclusive use of a business name by delivering an application to the Secretary of State for filing. The application shall state the name and address of the applicant and the name to be reserved. If the Secretary finds that the entity name is available, the Secretary shall reserve the name for the applicant’s exclusive use for 120 days.
(b)The owner of a reserved name may transfer the reservation to another person by submitting to the Secretary of State for filing a notice of the transfer, which states the name and address of the transferee. (Added 2025, No. 10, § 4, eff. July 1, 2025.)