(1) A person may apply to the Secretary of State to reserve a corporate name. The application must set forth the name and address of the applicant and the name the applicant intends to reserve.

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(2) If the Secretary of State finds that the corporate name applied for conforms to ORS § 60.094, the Secretary of State shall reserve the name for the applicant for a 120-day period.

(3) A person may transfer the reservation of a corporate name to another person by delivering to the Secretary of State a notice of the transfer signed by the person for whom the name was reserved and specifying the name and address of the transferee. [1987 c.52 § 27; 2017 c.55 § 5]

[Amended by 1953 c.549 § 138; renumbered 57.815]