Section 44-1460.07 - Trade name registration cancellation; release for useA. The secretary of state shall cancel a trade name registration if:1. The secretary of state receives a voluntary request for cancellation from the registrant or the assignee of record.2. The registration is not renewed in accordance with this article.3. A court of competent jurisdiction orders the cancellation on any grounds.4. The registration was obtained fraudulently by containing false or misleading information.B. The secretary of state may release a trade name for use pursuant to this article six months after the trade name's corporate owner has been administratively dissolved.