Understanding the 402 Form: Everything You Need to Know

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What is a 402 form?
statements disclosing all reportable transactions. Where to File: The original of the Statement of Termination (Form 402) is filed with the Secretary of State and, if applicable, a copy with the local filing officer with whom the organization files its original disclosure statements.
Read more on www.fppc.ca.gov

As a business owner, you will come across a variety of forms and documentation that are necessary for the efficient running of your enterprise. The 402 form is one of these forms. What is it, though, and why is it significant? You may learn everything you need to know about the 402 form and other connected subjects from this article.

Describe a 402 form.

A certificate of formation for a limited liability corporation (LLC) in Texas is known as a 402 form. To create an LLC in Texas, submit this form to the Secretary of State’s office. The form contains the name of the LLC, the registered agent’s name and address, the LLC’s purpose, the number of members, and other crucial information.

Can I use a PO box in Texas for my LLC?

No, in Texas you cannot utilize a PO box for your LLC. The Texas Business Organizations Code mandates that an LLC have a registered agent who is physically located in Texas. Legal correspondence and other crucial notices must be delivered to the registered agent on behalf of the LLC. As a result, your registered agent must have a physical address; a PO box is not acceptable. What does an LLC agent do?

A person or organization designated by an LLC to receive legal documents and other relevant notices on the company’s behalf is known as the agent. A registered agent or statutory agent is another name for this individual or organization. The agent must be readily accessible to receive documents during regular business hours and have a physical address in the state where the LLC is registered.

Can LegalZoom be canceled?

LegalZoom cancellation is possible at any time. You must sign into your account and navigate to the “Billing” area in order to cancel your LegalZoom subscription. From there, you can choose to downgrade to a less expensive plan or cancel your membership. Is ZenBusiness or LegalZoom superior?

Popular online legal service providers ZenBusiness and LegalZoom both provide comparable services. However, LegalZoom offers a wider variety of services and has a more reputable track record, whereas ZenBusiness is renowned for its reduced costs and superior customer service. The decision between LegalZoom and ZenBusiness ultimately comes down to your unique requirements and financial constraints.

The 402 form is a crucial document for creating an LLC in Texas, to sum up. It’s crucial to name a registered agent who has a physical address in the state when incorporating an LLC. While both ZenBusiness and LegalZoom are respectable online legal service providers, it’s crucial to take your needs and financial situation into account while deciding between them.

FAQ
Does LegalZoom charge yearly fees?

Depending on the service or product you are interested in, LegalZoom offers a variety of services and products, with varying costs. Some of their services might have a one-time cost, while others might have a monthly or yearly fee. In order to find out if there are any yearly costs related to the particular service or product you are interested in, it is essential to check their website or get in touch with their customer support.

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