Legal Question in Business Law in New York
I have an incorporated entity which purchased the assets of another incorporated entity. Included in the assets were two DBAs. I need to officially transfer them to my corporation with the New York Secretary of State. I have the original filing receipts from when the other corporation got the names. I also have my purchase agreement stating I purchased the assets. That said, how do I go about transferring the names? Is there a specific form for this? Thanks.
2 Answers from Attorneys
You will need to file Amended Business Certificates.
Generally speaking, DBAs are directly tied to their parent company and are not sold independently. It is possible to undo this connection and have you use the DBA but there is no one form to do it. The additional complication is that since you purchased assets of the company and not the company itself, you will likely require additional permissions and paperwork from the seller.
BTW, relatively speaking, this should not be an expensive endeavor and I can assist you with this.
Roman R. Fichman, Esq.
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