What Is an Assumed Name Statute? Why Have Many States

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The Answer is An assumed or fictitious name statute applies to businesses that operate under a fictitious or assumed name.Such a statute provides that a certificate must be filed with the state showing the names and addresses of the partners that make up a partnership and what name the partnership assumes.Many states have this statute so that interested parties,customers,creditors,etc.can find out the names of the partners.

What Is an Assumed Name Statute? Why Have Many States

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What Is an Assumed Name Statute? Why Have Many States

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