Application for Reservation of Limited Partnership Name - Delaware

Application for Reservation of Limited Partnership Name is a legal document that was released by the Delaware Department of State - Division of Corporations - a government authority operating within Delaware.

FAQ

Q: What is an application for reservation of limited partnership name?
A: An application for reservation of limited partnership name is a request to the state of Delaware to reserve a specific name for a limited partnership.

Q: Why would someone need to reserve a limited partnership name?
A: Someone might need to reserve a limited partnership name to ensure that no one else can use that name while they are in the process of forming a limited partnership.

Q: How long does a reservation of limited partnership name last?
A: A reservation of limited partnership name in Delaware is valid for 120 days.

Q: Can a reserved limited partnership name be transferred or assigned to another entity?
A: No, a reserved limited partnership name cannot be transferred or assigned to another entity. It can only be used for the specific limited partnership for which it was reserved.

Q: What is the process for applying for a reservation of limited partnership name in Delaware?
A: The process involves completing a form and paying a fee to the Delaware Division of Corporations.

Q: Can the reserved limited partnership name be rejected?
A: Yes, the Delaware Division of Corporations can reject a reserved limited partnership name if it is deemed to be too similar to an existing entity name or if it violates any naming guidelines.