AN ACT CONCERNING TRADE NAMES, FRAUDULENT FILINGS, IMPERMISSIBLE BUSINESS SOLICITATIONS, DISSOLUTION OF CORPORATIONS, THE ISSUANCE OF AN APOSTILLE AND FEES CHARGED BY A NOTARY.
What changed between versions
The process for obtaining a trade name certificate changed from filing with a local town clerk to submitting an application to the Secretary of the State for recording in a centralized registry.
A new provision allows any person to cancel an existing trade name by filing a new application for the same name, which automatically cancels the prior registration.
Requirements for business organizations were updated to mandate that they must be active and have filed all required annual reports before applying for a trade name.
The definition of 'business organization' was expanded to include any foreign or domestic business entity on record with the Secretary of the State, not just domestic ones.
The bill text was restructured to replace the repealed section 35-1b with updated language reflecting the new centralized registration system.