2. A person may apply to reserve a name under subsection 1 by delivering to the secretary
of state for filing an application that states the name to be reserved and the paragraph
of subsection 1 that applies. If the secretary of state finds that the name is available for use by the applicant,
the secretary of state shall file a statement of name reservation and reserve the
name for the exclusive use of the applicant for a nonrenewable period of one hundred
3. A person that has reserved a name under this section may deliver to the secretary
of state for filing a notice of transfer that states the reserved name, the name and
street and mailing address of some other person to which the reservation is to be
transferred, and the paragraph of subsection 1 which applies to the other person. Subject to section 488.206, subsection 3, the transfer is effective when the secretary of state files the notice of transfer.
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