A registered agent is simply a person or entity appointed to accept service of process and official mail on your business’ behalf. You can appoint yourself, or in many states, you can appoint your business to be its own registered agent.

What is the primary function of a registered agent?

The main function of a registered agent is to be available to receive service of process at a location in the state. Service may be delivered in person by a process server or sheriff or, in some states, by certified mail, return receipt requested.

Is a registered agent liable for an LLC?

The only personal liability a resident agent for a limited limited liability company assumes is that associated with timely transmission of a lawsuit summons and petition.

What is another name for a registered agent?

A statutory agent is another name for a registered agent, a process of service agent, or a resident agent. Although most states use the name registered agent, different states use different titles.

When to choose an individual or corporate registered agent?

Choosing a registered agent is a critical issue for newly forming and qualifying companies. In choosing whether to appoint an individual or a corporate registered agent, the company’s owners, as well as business lawyers who advise the owners on this issue, should take into consideration certain risks inherent in choosing an individual.

Are there risks in appointing an individual as a registered agent?

One of which is that there are risks involved in appointing an individual. Below are some of the risks to be aware of before deciding to appoint an individual as registered agent. There is the risk that an individual may not be at the office location registered with the state when process is delivered.

How can I change my registered agent name?

You can easily change your registered agent service by filling out the proper form provided by your state’s business services office. There may be a nominal fee depending on your state. When filing your new registered agent, make sure to submit your new registered agent’s signed consent form if applicable.