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2019 SESSION

19101897D
HOUSE BILL NO. 1925
Offered January 9, 2019
Prefiled January 4, 2019
A BILL to amend and reenact § 59.1-74 of the Code of Virginia, as it shall become effective, relating to transacting business under an assumed name.
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Patron-- Keam
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Referred to Committee on Commerce and Labor
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Be it enacted by the General Assembly of Virginia:

1. That § 59.1-74 of the Code of Virginia, as it shall become effective, is amended and reenacted as follows:

§ 59.1-74. (Effective January 1, 2020) Recordation of certificate and registration of names.

A. The clerk of the court with whom a certificate of assumed or fictitious name is filed shall keep a book in which all certificates of assumed or fictitious name and certificates of release of an assumed or fictitious name are recorded, with their date of record, and shall keep a register in which shall be entered in alphabetical order the name under which every business is conducted and the names of every person owning the business.

B. No license shall be issued by a commissioner of the revenue until a certificate of assumed or fictitious name has been made and filed (i) in the office of the clerk of the Commission or (ii) prior to May 1, 2019 January 1, 2020, in the office of the clerk of the court, and evidence of the filing has been provided to the commissioner of the revenue by the person conducting business under the assumed or fictitious name.

2. That an emergency exists and this act is in force from its passage.