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MS SB2511

Bill

Status

Passed

3/31/2014

Primary Sponsor

Sally Doty

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Allows corporate name reservations to be renewable once for an additional 180-day period if applicant files renewal application within 30 days before initial period expires, replacing the previous non-renewable 180-day reservation period.

  • Prohibits reservation of the name "In God We Trust," which is reserved to the people of the State of Mississippi as a symbol thereof.

  • Establishes uniform $25.00 fee for reservation, transfer, and cancellation of corporate names across business corporations, nonprofit corporations, limited partnerships, and limited liability companies.

  • Repeals Sections 79-4-4.03 and 79-11-161, which previously provided for registration of corporate names for business and nonprofit corporations.

  • Takes effect July 1, 2014.

Legislative Description

Name reservation and registration for corporations; revise.

Last Action

Approved by Governor

3/31/2014

Committee Referrals

Judiciary A2/15/2014
Business and Financial Institutions1/20/2014

Full Bill Text

No bill text available