An LLC must also have a registered agent in Texas who is tasked with receiving formal paperwork on the company’s behalf. A legitimate Texas resident or an organization with legal permission to do business there must serve as the registered agent. Additionally, the registered agent must have a real location where they may receive official notices; a PO Box is not acceptable.
You must submit a resignation letter to the Texas Secretary of State if you intend to quit as a registered agent for a Texas LLC. Your name, the name of the LLC, and a statement that you are giving up your role as registered agent must all be included in the letter. You must also give the LLC written notice of your resignation, along with the resignation’s start date. What is a 402 Form, exactly?
An LLC that changes its registered agent must submit a 402 form to the Texas Secretary of State. The new registered agent’s name, contact information, and a statement accepting the appointment must be included on the form. The paperwork must also bear the approved LLC officer’s signature.
There are some hazards associated with serving as an LLC’s registered agent in Texas. You are accountable for receiving legal notices on behalf of the LLC as the registered agent. The LLC may be subject to legal repercussions if you ignore these alerts or don’t reply to them. Additionally, if the LLC is sued, the registered agent may receive legal papers, which may be detrimental to their reputation or personal finances.
In Texas, it is forbidden to use a PO Box for your LLC. A physical address where it can receive mail and official notices is required for your LLC. The LLC must also have a registered agent who is tasked with obtaining legal and official documents on the company’s behalf. If you are a registered agent and would like to leave your position, you must notify the LLC in writing and file a resignation letter with the Texas Secretary of State. Last but not least, it can be risky to serve as an LLC’s registered agent in Texas, thus it’s crucial to thoroughly weigh the obligations before agreeing to the position.