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15 • 2008

Are there any restrictions on the name of my corporation?

A corporate ending (e.g, “Inc”, “Corp”, “Incorporated”) is common but only required for statutory close corporations or where the name of the company is a personal name. A corporate name cannot include the words “bank”, “trust”, or “trustee”, “industrial loan”, “investment and loan”, or “thrift”. There is also a ban on the use of the words “cooperative”, “Olympic”, or “Olympiad”. A professional corporation must include the designation “a professional corporation”, “a law corporation”, or a “medical corporation”, as the case may be. In some cases, the desired name is not available, because the Secretary of State will not accept Articles of Incorporation for filing that are confusingly similar to the name of an existing corporation.