Allows certain limited liability companies to terminate alternate names before end of five-year registration period.

Summary

The legislation lets domestic or foreign LLCs that have filed a certificate of registration for an alternate name file a termination certificate early, provided they are not operating as residential landlords. It sets filing fees, renewal rules, and penalties for false statements or late filings. The change aims to give businesses flexibility while protecting consumers from deceptive naming practices.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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