Note: This version of section effective until 1-1-2018. See also following repeal of this section, effective 1-1-2018.

1. (b) The owner of a reserved name may transfer the reservation to another person by delivering to the secretary of state, electronically, a signed notice of the transfer that states the name and address of the transferee.

Sec. 45.3. (a) A person may reserve the exclusive right to the use of a name by delivering an electronic application to the secretary of state for filing. The application must set forth the name and address of the applicant and the name proposed to be reserved. If the secretary of state finds that the name is available, the secretary of state shall reserve the name for the exclusive use of the applicant for renewable one hundred twenty (120) day periods.

As added by P.L.34-1997, SEC.11. Amended by P.L.277-2001, SEC.7; P.L.119-2015, SEC.25; P.L.170-2016, SEC.5.