Reserved name
NMSA 1978, § 53-11-8
reserved53-11-8. Reserved name
A. The exclusive right to the use of a corporate name may be reserved by:
(1) any person intending to organize a corporation under the Business Corporation Act;
(2) any domestic corporation intending to change its name;
(3) any foreign corporation intending to make application for a certificate of authority to transact business in this state;
(4) any foreign corporation authorized to transact business in this state and intending to change its name; or
(5) any person intending to organize a foreign corporation and intending to have such corporation make application for a certificate of authority to transact business in this state.
B. The reservation shall be made by filing with the commission [secretary of state] an application to reserve a specified corporate name, executed by the applicant. If the commission [secretary of state] finds that the name is available for corporate use, it shall reserve the name for the exclusive use of the applicant for a period of one hundred and twenty days.
C. The right to the exclusive use of a specified corporate name so reserved may be transferred to any other person or corporation by filing in the office of the commission [secretary of state] a notice of transfer, executed by the applicant for whom the name was reserved, and specifying the name and address of the transferee.
1953 Comp., § 51-24-8, enacted by Laws 1967, ch. 81, § 8.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18556/index.do#!b/53-11-8Fetched: 10/20/2026