Upon the dissolution or termination of the filing of any business entity or assumed name for failure to file the annual renewal, the secretary of state shall automatically file a name reservation to hold that name on behalf of the dissolved or terminated entity for a period of one year from the date of the dissolution or termination.
Minn. Stat. § 5.35
2009 c 98s 5; 2010 c 250 art 2 s 4