a. A person may reserve the exclusive use of the name of a limited liability company,
including a fictitious or assumed name for a foreign limited liability company whose
name is not available, by delivering an application to the filing office for filing. The application must state the name and address of the applicant and the name proposed
to be reserved. If the filing office finds that the name applied for is available, it must be reserved
for the applicant's exclusive use for a 120-day period.
b. The owner of a name reserved for a limited liability company may transfer the reservation
to another person by delivering to the filing office for filing a signed notice of
the transfer which states the name and address of the transferee.
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