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Registered Agent What Is It?
The board of directors is a group of people who direct and oversee the business activities of the corporation. The board hires officers to conduct the day to day operation of the corporation. In the case of small, tightly held corporations, the board of directors and the officers may serve in both capacities.
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What Is A Registered / Resident Agent
A Registered Agent can be either an individual person or a business that is designated to receive Service of Process served upon a company within the jurisdiction of any state where the company conducts business. Service of process is official notification of a lawsuit or summons when the business has become a party to legal action. Other functions of a registered agent also include receiving official correspondence from the Secretary of States office examples of include notification of annual reports tax notices and general corporate compliance notifications.
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Q: What Is A Registered Agent and A Registered Office?
A: A registered agent can be one of three things: An individual who lives in your state and whose business office is identical with the registered office. A domestic corporation, limited liability company or nonprofit domestic corporation whose business office is identical with the registered office. A foreign corporation, foreign limited liability company or non-profit foreign corporation authorized to transact business in your state and whose business office is identical with the registered office. If choosing a business entity as the registered agent, the business entity must be active upon the records of the Secretary of State. The registered agent need not be the incorporator of the corporation. The only duty of the registered agent is to forward any notice, process or demand that is served on the registered agent, often by a deputy sheriff, to your corporation at its last known address. The registered office mayóbut need notóhave the same address as any of the corporationís places of business. Under state laws, the registered agent and the registered office must be continuously maintained..
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