1. a. As used in this section, a "trade name" is a name assumed to identify the business or activities of an individual or organization and which does not include in the name: (1) The true name of the organization using the name; (2) The first name and surname of each individual using the business name; or (3) The surname of each individual, repeating a surname if more than one owner has the same surname. b. A name assumed under paragraph 3 or a name of an organization or association not otherwise registered with the secretary of state is a trade name if a license or permit to conduct business or operations is required by this state. 2. A person or organization that has registered a trade name under this section may institute a civil suit prohibiting any other person from using the name. 3. This chapter does not prohibit any person engaged in business under a trade name before July 1, 1959, from continuing business under that name. 4. Notwithstanding any other provision of law, an individual or organization may register as a trade name under section 47 -25-04 any name listed in paragraph 1, 2, or 3 of subdivision a of subsection 1.
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