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This memorandum outlines the guidelines regarding the use of the assumed name 'Asbury University' for Asbury College in contracts and legal documents.
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How to fill out Use of Assumed Name with Respect to Contracts

01
Gather necessary information such as the legal name of the business entity and the assumed name you intend to use.
02
Check local laws and regulations to understand the requirements for filing an assumed name.
03
Complete the appropriate form for the use of an assumed name, which may be available from your state or local government agency.
04
Include information about the business owner(s), including their legal names and contact information.
05
Specify the length of time the assumed name will be used, if applicable.
06
Review the completed form for accuracy and completeness.
07
Submit the form along with any required filing fees to the designated government office.
08
Publish a notice of the assumed name in a local newspaper if required by local laws.
09
Keep a copy of the filed form and any related documents for your records.

Who needs Use of Assumed Name with Respect to Contracts?

01
Any business owner using a name different from their legal business name for conducting business.
02
Sole proprietors operating under a trade name or fictitious name.
03
Partnerships, corporations, or LLCs that want to operate under a name other than their registered name.
04
Individuals or entities seeking to protect their brand identity.
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People Also Ask about

An assumed business name, also called a DBA (doing business as) name, is used by an entity that is conducting business under a name that is not its legal name.
DBA Definition DBA is an acronym meaning “Doing Business As.” It's a way to label your business with a name that is different from your legal business name. It does not provide protection for your business name so that others can't use it. A DBA is also not a type of business entity like a sole proprietorship or LLC.
A “DBA,” “Doing Business As,” or a “Fictitious Name,” is just that: a name. It's like a nickname. In theory, you can bind someone to a contract using their DBA/Fictitious Name, but it's best to avoid that.

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The Use of Assumed Name in contracts refers to the practice of a business operating under a name different from its legal name. This allows businesses to create a brand identity that may be more appealing or descriptive of their offerings.
Business entities such as sole proprietorships, partnerships, corporations, and LLCs that wish to operate under an assumed name are required to file for it. This is typically required to notify the public of the true owner of the business.
To fill out a Use of Assumed Name form, you typically need to provide details including the assumed name, the legal name of the business, the type of business entity, the business address, and contact information. Some jurisdictions may also require additional information and signatures.
The purpose of filing a Use of Assumed Name is to ensure transparency in business operations, protect consumers, and provide a legal framework for identifying the true owner of a business operating under a different name.
The information that must be reported usually includes the assumed name, the legal name of the business entity, the owner’s contact information, the business address, the type of business, and the date of establishment. Some jurisdictions may require additional details.
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