23 CAR § 320-1503

23 CAR § 320-1503. Reservation of bank corporate name

Length: 131 wordsOfficial source
(a)(1) The State Bank Department will accept a reservation for a bank corporate name only prior to and for the purpose of formation of a new state bank or prior to the consummation of an interstate merger transaction. (2) The reservation will be for a nonrenewable two hundred seventy-day period. (3) A name not used permanently prior to the expiration of this period will be cancelled. (b)(1) Prior to filing a reservation of corporate name an applicant must request a current check of both state and federal trademark or service mark filings on the proposed name. (2) Evidence must accompany the application for reservation of corporate name verifying: (A) The applicant has made a trademark or service mark search; and (B) No trademark or service mark exists for the proposed name.
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