Section 10.06.105. Corporate name.

   (a) A corporate name must contain the word "corporation", "company", "incorporated", or "limited", or an abbreviation of one of these words. The corporate name may not contain a word or phrase that indicates or implies that the corporation is organized for a purpose other than the purpose contained in its articles of incorporation.
   (b) The corporate name may not contain the word "city", "borough", or "village" or otherwise imply that the corporation is a municipality. The name of a city, borough, or village may be used in the corporate name.
   (c) A person may not adopt a name that contains the word "corporation", "incorporated", or "limited", or an abbreviation of one of these words, unless the person has been issued a certificate of incorporation, or, in the case of a foreign corporation, a certificate of authority, by the commissioner. This subsection does not prohibit a limited liability company or a limited partnership from using the word "limited" or an abbreviation of "limited" in its name.
   (d) A corporate name must be distinguishable on the records of the department from the name of any other organized entity and from a reserved or registered name. The department may adopt regulations to enforce this subsection. In this subsection, "organized entity" and "reserved or registered name" have the meanings given in AS 10.35.040.

Authorities

10.06.115;10.06.125;10.06.633;10.06.720

Notes

Implemented As

3 AAC 16.120

References

AS 10.06.115 Application for and duration of reservation of name.
AS 10.06.125 Registration of corporate name.
AS 10.06.633 Involuntary dissolution by the commissioner: grounds, procedure, reinstatement.
AS 10.06.720 Corporate name of foreign corporation.

History

(Sec. 1 ch 166 SLA 1988; am Sec. 3 ch 82 SLA 1989; am Sec. 2 ch 99 SLA 1994; am Sec. 3, 4 ch 50 SLA 1999)