§415B-123 Change of name by foreign corporation. (a) Whenever a foreign corporation which is authorized to conduct affairs in this State changes its name to one under which a certificate of authority would not be granted, the foreign corporation shall not thereafter conduct any affairs in this State until it has changed its name to a name which is permitted by the laws of this State.

(b) If a foreign corporation is unable to change its name to a name which is available to it under the laws of this State, it may deliver to the director for filing, a certificate of registration of a trade name for the foreign corporation's file and thereafter become authorized to transact business in this State under that name. [L 1985, c 270, pt of §1; am L 1987, c 135, §183]