The exclusive right to the use of a corporate name may be reserved by:

1. (1) Any person intending to organize a corporation under this chapter;
2. (2) Any domestic corporation intending to change its name;
3. (3) Any foreign corporation intending to make application for a certificate of authority to do or engage in any business in this state;
4. (4) Any foreign corporation authorized to do or engage in any business in this state and intending to change its name;
5. (5) Any person intending to organize a foreign corporation and intending to have such corporation make application for a certificate of authority to do or engage in any business in this state.

Source: SL 1965, ch 24 , § 8.