13.1-632 - Registered name. - Virginia Statutes

§ 13.1-632. Registered name.

A. A foreign corporation may register its corporate name, or its corporatename with any addition required by § 13.1-762, if the name is distinguishableupon the records of the Commission from the corporate names that are notavailable under subsection C of § 13.1-630.

B. A foreign corporation registers its corporate name, or its corporate namewith any addition required by § 13.1-762, by:

1. Filing with the Commission (i) an application setting forth its corporatename, or its corporate name with any addition required by § 13.1-762, thestate or country and date of its incorporation, and a brief description ofthe nature of the business in which it is engaged; and (ii) a certificatesetting forth that such corporation is in good standing, or a document ofsimilar import, from the state or country of incorporation, executed by theofficial who has custody of the records pertaining to corporations; and

2. Paying to the Commission a registration fee in the amount of $20. Exceptas provided in subsection E, registration is effective for one year after thedate an application is filed.

C. If the Commission finds that the corporate name applied for is available,it shall register the name for the applicant's exclusive use.

D. A foreign corporation whose registration is effective may renew it for thesucceeding year by filing with the Commission, during the 60-day periodpreceding the date of expiration of the registration, a renewal applicationthat complies with the requirements of subsection B, and paying a renewal feeof $20. The renewal application is effective when filed in accordance withthis section and, except as provided in subsection E, renews the registrationfor one year after the date the registration would have expired if suchsubsequent renewal of the registration had not occurred.

E. A foreign corporation whose registration is effective may thereafterobtain a certificate of authority to transact business in the Commonwealthunder the registered name or consent in writing to the use of that name by acorporation thereafter incorporated under this chapter or by another foreigncorporation thereafter authorized to transact business in the Commonwealth.The registration terminates when the domestic corporation is incorporated orthe foreign corporation obtains a certificate of authority to transactbusiness in the Commonwealth or consents to the authorization of anotherforeign corporation to transact business in the Commonwealth under theregistered name.

F. A foreign corporation that has in effect a registration of its corporatename may release such name by filing a notice of release of a registered namewith the Commission and by paying a fee of $10.

(Code 1950, § 13.1-8; 1956, c. 428; 1981, c. 522; 1984, c. 771; 1985, c. 522;1995, c. 114; 2005, c. 765.)