Section 12 Loss of Name

• Library: Business Transitions 2009 Supp

Delete the text of the original section and replace it with the following:

Another effect of forfeiture that could have lasting ramifications for a corporation seeking reinstatement is the loss of the corporate name. The name of a forfeited corporation is unavailable for use by others for a period of one year following the effective date of dissolution. Section 351.476.2(8), RSMo 2000. The dissolved corporation’s name may be reissued to a third party any time after the one-year period...