21
Apr/06

Example Of State Naming Regulation


When discussing the allocation of state corporate names, I meant to but didn’t mention that in addition to the minimal ‘identity search,’ states impose various restrictions that loosely constitute consumer protection laws. For example, terms such as BANK or INSURANCE are restricted.
Here’s an example. Franchise Law Blog reports on Rhode Island enforcing a law that liquor stores may not use a name suggesting that they are part of a franchise.

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