LD 1609
pg. 58
Page 57 of 146 PUBLIC Law Chapter 543 Page 59 of 146
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LR 1469
Item 1

 
(2)__The assumed name is not distinguishable on the
records of the Secretary of State from a name in which
the plaintiff has prior rights by virtue of the common
law or statutory law of unfair competition, unfair
trade practices, common law copyright or similar law.

 
H.__The mere filing of a statement under this subsection
does not constitute actual use of the assumed name set out
in that statement for purposes of determining priority of
rights.

 
I.__A limited partnership may terminate an assumed name by
executing and delivering a statement setting forth:

 
(1)__The name of the limited partnership;

 
(2)__That the limited partnership no longer intends to
transact business under the assumed name; and

 
(3)__The assumed name the limited partnership intends
to terminate.

 
§1309.__Reserved name; registered name of foreign limited

 
partnership

 
1.__Reserve use of name. A person may reserve the exclusive
use of a limited partnership name, including an assumed or
fictitious name, by executing and delivering for filing an
application to the Secretary of State.

 
A.__The application to reserve a name must set forth:

 
(1)__The name and address of the applicant; and

 
(2)__The name proposed to be reserved.

 
B.__If the Secretary of State finds that the limited
partnership name applied for is distinguishable on the
records of the Secretary of State pursuant to section 1308,
the Secretary of State shall reserve the name for the
applicant's exclusive use for a nonrenewable period of 120
days.

 
C.__The owner of a reserved limited partnership name under
this subsection may transfer the reservation to another
person by executing and delivering for filing to the
Secretary of State a notice of the transfer, signed by the
transferor, that states the name and address of the
transferee.


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