Form 507 Notice of Withdrawal of Reservation of an Entity Name - Texas

What Is Form 507?

This is a legal form that was released by the Texas Secretary of State - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 507?A: Form 507 is the Notice of Withdrawal of Reservation of an Entity Name in Texas.

Q: What is the purpose of Form 507?A: The purpose of Form 507 is to withdraw a previously reserved name for an entity in Texas.

Q: Who can use Form 507?A: Any individual or entity that has previously reserved a name for an entity in Texas can use Form 507 to withdraw that reservation.

Q: Are there any fees for filing Form 507?A: Yes, there is a $40 fee for filing Form 507.

Q: What information is required on Form 507?A: Form 507 requires information such as the entity name, the date the reservation was made, and the name and contact information of the person filing the withdrawal.

Q: Can I withdraw a name reservation that has already been used to form an entity?A: No, you cannot withdraw a name reservation that has already been used to form an entity. Form 507 is for withdrawing reservations that have not been used for entity formation.

Q: What happens after I file Form 507?A: Once Form 507 is filed and the fee is paid, the name reservation will be withdrawn and made available for others to use.