A person or corporate organization appointed to accept legal and official documents on behalf of a firm is known as a statutory agent, also known as a registered agent. All firms registered with the Arizona Corporation Commission (ACC) in Arizona must have a statutory agent. This article will give you a general overview of how to become a statutory agent in Arizona, how to modify your statutory agent, what it means to be a statutory agent in Arizona, and whether you need to publicize your LLC in Arizona or not.
You must choose a person or firm with an Arizona street address if you want Arizona to accept you as a statutory agent. For the purpose of receiving legal and official papers, this person or entity must be accessible during regular business hours. As your statutory agent, you might name your own company, an individual, or a reputable registered agent service. After choosing your statutory agent, you must submit the required paperwork to the ACC along with the required filing fees.
You must submit a Statement of Change of Known Place of Business Address or Statutory Agent form to the ACC if you need to modify your statutory agent in Arizona. The name, address, and acceptance of the appointment of the new statutory agent must be included on this form, which can be submitted online or by mail. The paperwork must be signed by an authorized representative of the company, and there is a $5 cost to alter your statutory agent.
A statutory agent in Arizona is a person or firm appointed to accept legal and official documents on a company’s behalf. This covers papers like court summonses, subpoenas, and tax notices. The statutory agent is in charge of making sure that the business receives these documents on time and forwards them to the proper individual or division. Do I Need to Publicly Announce My LLC in Arizona?
LLCs are not required to publish their formation papers in the local newspaper in Arizona. A notification of your desire to conduct business in the state may be required to be published, nevertheless, if you are a foreign LLC operating in Arizona. To find out your precise responsibilities, it’s vital to speak with an attorney or a reputable registered agent service. Am I Entitled to Act as My Own Statutory Agent?
In Arizona, you are allowed to act as your own statutory agent. However, bear in mind that in order to receive legal and official papers, the statutory agent must have a physical Arizona street address and be accessible during regular business hours. If you can’t be reached during certain hours, it might be advantageous to use a registered agent service to make sure your business receives crucial paperwork on time.
In conclusion, all companies registered with the Arizona Corporation Commission must have a statutory agent. You must choose a person or company with an actual Arizona street address and submit the necessary paperwork to the ACC in order to accept a statutory agent there. You must submit a Statement of Change of Known Place of Business Address or Statutory Agent form if you need to modify your statutory agent. Arizona does not require LLCs to publish their formation paperwork, however foreign LLCs operating in Arizona may be subject to additional requirements. In Arizona, you have the option of acting as your own statutory agent, but it could be advantageous to use a registered agent service to make sure that your business receives crucial paperwork on time.