HLS 17RS-360 ENGROSSED
2017 Regular Session
HOUSE BILL NO. 211
BY REPRESENTATIVE FOIL
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
SECRETARY OF STATE: Provides relative to business filings with the secretary of state
1 AN ACT
2To amend and reenact R.S. 12:1-401(C)(1) and (F), 1-403(B)(2), 204(B)(introductory
3 paragraph), 236(C)(1)(a), 308(A)(1), 1306(A)(3)(introductory paragraph) and (F),
4 1308(A)(2)(b), 1350(A)(1)(c) and (B)(2) and R.S. 51:215(A)(1), to enact R.S.
5 12:1308.3(C)(8)(c), and to repeal R.S. 12:315 and 1356, relative to regulations by
6 the secretary of state with respect to filings of business entities; to provide relative
7 to corporations, partnerships, and certain limited liability companies; to provide
8 relative to agents for service of process; to repeal certain penalties applicable to
9 foreign limited liability companies; to provide technical changes; and to provide for
10 related matters.
11Be it enacted by the Legislature of Louisiana:
12 Section 1. R.S. 12:1-401(C)(1) and (F), 1-403(B)(2), 204(B)(introductory
13paragraph), 236(C)(1)(a), 308(A)(1), 1306(A)(3)(introductory paragraph) and (F),
141308(A)(2)(b), and 1350(A)(1)(c) and (B)(2) are hereby amended and reenacted and R.S.
1512:1308.3(C)(8)(c) is hereby enacted to read as follows:
16 §1-401. Corporate name
17 * * *
18 C. A corporation may apply to the secretary of state for authorization to use
19 a name in its filings with the secretary of state that is not distinguishable from one
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1 or more of the names described in Subsection B of this Section. The secretary of
2 state shall authorize the use of the name applied for if either of the following occur:
3 (1) The other registrant consents to the use in writing and submits an
4 undertaking in a form satisfactory to the secretary of state to change its name to a
5 name that is distinguishable from the name of the applying corporation to the
6 adoption of its name and states it is about to change its name, or cease doing
7 business, or become liquidated, or if a foreign corporation, is about to withdraw
8 from doing business in this state, and such consent is filed with the articles.
9 * * *
10 F. If the secretary of state receives for filing articles of incorporation that
11 include in the corporate name the word "bank", "banker", "banking", "savings", "safe
12 deposit", "trust", "trustee", "building and loan", "homestead", "credit union", or any
13 other word of similar import, the secretary of state shall not file the articles of
14 incorporation until the secretary of state receives satisfactory evidence that written
15 notice of the proposed use of that name was delivered to the office of financial
16 institutions at least ten fourteen days earlier.
17 * * *
18 §1-403. Registered name
19 * * *
20 B. A foreign corporation registers its corporate name, or its corporate name
21 with any addition authorized by R.S. 12:303(A)(3), by delivering to the secretary of
22 state for filing an application which does both of the following:
23 * * *
24 (2) Is accompanied by a certificate of existence, or a document of similar
25 import, from the state or country of incorporation which is dated within ninety days
26 of receipt by the secretary of state.
27 * * *
28 §204. Corporate name
29 * * *
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1 B. As used in this Subsection, the term "corporation" includes nonprofit
2 corporations, business corporations, and foreign corporations, and partnerships. The
3 corporate name shall be distinguishable from a name reserved pursuant to R.S.
4 12:23(G) R.S. 12:1-402(A) and shall be distinguishable from the name of any other
5 corporation, limited liability company, partnership, or trade name registered with the
6 secretary of state unless any of the following Paragraphs apply:
7 * * *
8 §236. Registered office and agent
9 * * *
10 C.(1)(a) Every corporation shall continuously maintain in this state at least
11 one registered agent, which agent may be either of the following:
12 (i) An individual who is a resident of this state,.
13 (ii) A partnership which is authorized to practice law in this state, or.
14 (iii) A business corporation, or a limited liability company, foreign
15 corporation, or foreign limited liability company authorized to transact business in
16 this state, which is authorized by its articles or certificate of incorporation or
17 organization to act as the agent of a corporation for service of process, and which has
18 on file with the secretary of state a certificate or amended certificate setting forth the
19 names of at least two individuals at its address in this state, each of whom is
20 authorized to receive any process served on it as such agent.
21 * * *
22 §308. Registered agent, registered office and principal business establishment,
23 keeping of records by foreign corporation
24 A. Each foreign corporation authorized to transact business in this state shall
25 have and continuously maintain in this state:
26 (1) At least one registered agent, which agent may be either of the following:
27 (a) an An individual resident in this state whose business office is identical
28 with the corporation's registered office,.
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1 (b) an An individual attorney or a partnership which is authorized to practice
2 law in this state, or.
3 (c) a A domestic corporation, or a domestic limited liability company, foreign
4 corporation, or foreign limited liability company authorized to transact business in
5 this state, which has a business office identical with such registered office, which is
6 authorized by its articles or certificate of incorporation or organization to act as the
7 agent of a corporation for service of process, and which has on file with the secretary
8 of state both a certificate or amended certificate setting forth the names of at least
9 two individuals in such office, each of whom is authorized to receive any process
10 served on it as such agent and a notarized affidavit of acknowledgement and
11 acceptance signed by each registered agent. The failure to attach a notarized
12 affidavit of acknowledgement and acceptance as required by this Section shall not
13 be a defense to proper service of process on the corporation.
14 * * *
15 §1306. Name
16 A. The name of each limited liability company as set forth in its articles of
17 organization:
18 * * *
19 (3) Shall be distinguishable from the name of any corporation, partnership,
20 or other limited liability company organized under the laws of this state, any foreign
21 corporation, partnership, or limited liability company registered or qualified to do
22 business in this state, any name which is reserved under R.S. 12:1307 or R.S.
23 12:23(G) R.S. 12:1-402(A), or any trade name registered with the secretary of state,
24 unless any of the following Paragraphs apply:
25 * * *
26 F. If a limited liability company seeking issuance of a certificate of
27 organization in Louisiana includes in its name the words "bank", "banker",
28 "banking", "savings", "safe deposit", "trust", "trustee", "building and loan",
29 "homestead", or "credit union", the secretary of state shall require written approval
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1 from the commissioner of the office of financial institutions dated not less than ten
2 fourteen days prior to the issuance of the certificate of organization.
3 * * *
4 §1308. Registered office and registered agent
5 A. Each limited liability company shall continuously maintain:
6 * * *
7 (2) At least one registered agent who shall be one of the following:
8 * * *
9 (b) A partnership or professional law corporation, which is authorized to
10 practice law in this state, or a domestic corporation, domestic limited liability
11 company, or foreign corporation, or foreign limited liability company authorized to
12 transact business in this state, which is authorized by its articles or certificate of
13 incorporation or organization to act as the agent of a limited liability company for
14 service of process and which has on file with the secretary of state a certificate
15 setting forth the name of at least two individuals at its address in this state, each of
16 whom is authorized to receive any process served upon it as such agent. Legal
17 process and other notices or demands may be served on the limited liability company
18 by service upon this agent and, if the agent is a partnership, upon any partner.
19 * * *
20 §1308.3. Conversion of state of organization
21 * * *
22 C. The domestic or foreign limited liability company seeking conversion
23 shall file with the secretary of state a written request for conversion of the state of
24 organization. Such request shall contain all of the following:
25 * * *
26 (8) If the limited liability company is converting its state of organization
27 from another state to this state:
28 * * *
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1 (c) The limited liability company that is converting its state of organization
2 from another state to this state shall provide a copy of its articles of organization,
3 which are in compliance with the requirements of R.S. 12:1305, when the written
4 request for conversion is filed with the secretary of state.
5 * * *
6 §1350. Registered agent; registered office and principal business establishment;
7 keeping of records by foreign limited liability company
8 A. Each foreign limited liability company authorized to transact business in
9 this state shall have and continuously maintain in this state:
10 (1) At least one registered agent, which agent shall be one of the following:
11 * * *
12 (c) A domestic corporation, domestic limited liability company, or a foreign
13 corporation, or foreign limited liability company authorized to transact business in
14 this state, which has a business office identical to such registered office, and which
15 is authorized by its articles or certificate of incorporation or organization to act as an
16 agent of a limited liability company for service of process, and which has on file with
17 the secretary of state a certificate setting forth the names of at least two individuals
18 at its address in this state, each of whom is authorized to receive any process served
19 on it as such agent.
20 * * *
21 B.
22 * * *
23 (2) If its registered agent is an individual or a corporation, the address of its
24 principal registered office and the address of the business office of its registered
25 agent, as changed, shall be identical.
26 * * *
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1 Section 2. R.S. 51:215(A)(1) is hereby amended and reenacted to read as follows:
2 §215. Certificate of registration
3 A.(1) Upon compliance by the applicant with the requirements of this
4 Subpart, if the secretary of state finds that the trade name is distinguishable from or
5 not the same as a trade name, limited liability company name, partnership name, or
6 corporate name already in use in this state, or that the trademark or service mark is
7 distinguishable from or not the same as a trademark or service mark already in use
8 in this state which is registered in the same class, the secretary of state shall cause
9 a certificate of registration to be issued and delivered to the applicant.
10 * * *
11 Section 3. R.S. 12:315 and 1356 are hereby repealed in their entirety.
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 211 Engrossed 2017 Regular Session Foil
Abstract: Makes changes to law applicable to filings of business entities with the secy. of
state.
Present law generally requires the names of business entities to be distinguishable from one
another. Proposed law retains present law.
Present law authorizes a corporation to have a name non-distinguishable from that of another
business entity, if the latter entity consents in writing.
Proposed law retains present law and requires the latter entity to consent in writing that it
is (1) changing its name, (2) ceasing business, or (3) becoming liquidated. Requires such
consent to be filed with the articles.
If the latter entity is a foreign corporation, proposed law authorizes the non-distinguishable
name change if the foreign corporation is withdrawing from business in the state of La.
Requires such consent to be filed with the articles.
Present law requires corporations to submit certain proposed corporate names to the office
of financial institutions at least 10 days prior to the filing of articles of incorporation with
the secy. of state.
Proposed law changes the time frame from 10 days to 14 days.
Present law requires a foreign corporation to register its corporate name and a certificate of
existence with the secy. of state. Proposed law retains present law and requires the
certificate of existence to be dated within 90 days of its receipt by the secy. of state.
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Proposed law changes the definition of "corporation" to include partnerships and generally
requires partnership names to be distinguished from names of other business entities.
Proposed law adds "limited liability companies" and "foreign limited liability companies"
as business entities that may act as corporate agents for service of process.
Present law requires a certificate of incorporation to show a business entity's authority to act
as agent for service of process. Proposed law retains present law and adds certificates of
organization as an additional means to show such authority.
Present law requires a limited liability company to submit certain proposed partnership
names to the office of financial institutions at least 10 days prior to the filing of articles of
organization with the secy. of state.
Proposed law changes the time frame from 10 days to 14 days.
Proposed law requires a foreign limited liability company seeking conversion to a domestic
limited liability corporation to provide a copy of its articles of organization as provided in
present law (R.S. 12:1305).
Proposed law requires both domestic and foreign limited liability companies to have at least
one registered agent which has a business office identical to its registered office.
Present law generally requires trade names to be distinguishable from one another. Proposed
law retains present law and adds "partnership names" as names requiring distinguishment.
Proposed law repeals certain penalties applicable to foreign corporations and foreign limited
liability companies.
Proposed law makes technical changes to delete a repealed statutory reference (R.S.
12:23(G)) to reflect the current statutory reference (R.S. 12:1-402(A)).
(Amends R.S. 12:1-401(C)(1) and (F), 1-403(B)(2), 204(B)(intro. para.), 236(C)(1)(a),
308(A)(1), 1306(A)(3)(intro. para.) and (F), 1308(A)(2)(b), 1350(A)(1)(c) and (B)(2) and
R.S. 51:215(A)(1); Adds R.S. 12:1308.3(C)(8)(c); Repeals R.S. 12:315 and 1356)
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