Assumed Name Law & Legal Definition
The law of many states, which vary by state, requires businesses to file assumed name certificates. Also, many banks will not allow a business checking account to be opened without a proper filing. Neither the filing of an assumed name certificate nor the reservation or registration of a company name imparts any real protection to the party filing. It is merely a formal process that informs the general public of the registered agent for a business, and where official contact with the business can be made.
General Steps to Follow:
- Decide on the name of your business.
- Search the County Assumed Names records for the availability of the name of the business.
- It is always best to search all variations of the business name.
Example: the name Dandz should be searched d and z, dandz, z&z, d&z.
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