The Vermont Statutes Online
Corporations, Partnerships and Associations
LIMITED LIABILITY COMPANIES
4006. Reserved name
(a)(1) A person
may reserve the exclusive use of the name of a limited liability company,
including a fictitious or assumed name for a foreign limited liability company
whose name is not available, by delivering an application to the Secretary of
State for filing.
application shall state the name and address of the applicant and the name
proposed to be reserved.
(3) If the
Secretary of State finds that the name applied for is available, the Secretary
shall reserve that name for the applicant's exclusive use for a 120-day period.
(b) The owner of
a reserved limited liability company name may renew the reservation for
successive periods of 120 days each by delivering a renewal application to the
Secretary of State during the 45-day period preceding the date of expiration of
(c) The owner of
a name reserved for a limited liability company may assign the reservation to
another person by delivering to the Secretary of State for filing a signed
notice of the assignment that states the name and address of the assignee.
(d) The owner of
a reserved limited liability company name may terminate the name reservation by
delivering to the Secretary of State for filing a signed notice of withdrawal
of name reservation. (Added 2015, No. 17, § 2.)