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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The corporate name of a licensee must include the word “BIDCO” or “Bidco” and must be distinguishable on the records of the department from the name of any other organized entity and from a reserved or registered name. A licensee may not transact business under a name other than its corporate name. In this subsection, “organized entity” and “reserved or registered name” have the meanings given in AS 10.35.040.
(b) Before being issued a license, a corporation that proposes to apply for a license or that applies for a license may perform, under a name that indicates that the corporation is a corporation licensed under this chapter, the acts necessary to apply for and obtain a license and otherwise prepare to begin business as a licensee. The corporation may not represent that it is a licensee until after the license has been obtained.
Cite this article: FindLaw.com - Alaska Statutes Title 10. Corporations and Associations § 10.13.120. Corporate name and representation of status - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-10-corporations-and-associations/ak-st-sect-10-13-120/
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