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Is it time to readjust? Notional Trade Names Filed Before December 1, 2017 Expires December 1, 2022 | Brooks Pierce

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What is the assumed trade name?

Business entities such as sole proprietorships, partnerships, corporations, and limited liability companies often do business under an “assumed” name, which is the name that the general public usually associates with the business entity. The assumed business name is often referred to as “DBA”, “d/b/a”, or “doing business as”.

Will my company’s notional trade name expire?

If you submitted a provisional trade name prior to December 1, 2017 and have not resubmitted it thereafter, the provisional trade name will expire on December 1, 2022 and must be renewed to remain in effect. there is.

Why was the successor name filed before the December 1, 2017 deadline?

Effective December 1, 2017, the North Carolina Legislature amended Chapter 66, Section 14A of the General Code of North Carolina. These revisions establish an online state database containing postulated business name submissions, allow businesses to designate multiple counties to do business in a single submission, remove notarization requirements, A 60-day period has been established for amending submissions following business changes. A five-year transition period is permitted for entity information and for filers to refile existing assumed business name filings. That her five-year transition period ends on her December 1 of this year, so filers wishing to maintain the validity of their assumed trade name will have to refile.

Where do I need to reapply to keep my temporary company name active?

If this December 1, 2022 expiration date applies, you will need to reapply with your local registry office. A signed copy of the original of the entity’s notional business name certificate is required for submission.

Businesses operating under a business name in this state must submit a business name certificate to the certified copy of the register of the county in which they operate. If multiple counties are involved, only one of those counties will require an application. The applicable county registry of deeds is responsible for indexing the assumed trade names filed in that county.

What happens if I don’t resubmit on time?

If an entity’s temporary trade name expires this year and it does not reapply within the time limit, the temporary trade name will be considered abandoned. If you continue to use the temporary trade name, you will need to submit a new temporary trade name certificate.

How long is the notification of a new provisional trade name valid?

Under NCGS § 66-71.12, a provisional trade name certificate is valid from the time it is filed until it is withdrawn. No further successor name submissions are required (unless circumstances arise that require correction).

When do I need to amend my provisional trade name submission?

Your provisional business name submission must be amended if any of the following changes occur:

  • Change of temporary trade name
  • Addition or deletion of the real name of the person conducting business under a provisional trade name
  • Changing nature of business
  • Change of address of principal place of business
  • Change of mailing address
  • Addition or deletion of prefectures in which business is conducted using a provisional trade name