How do I accept a statutory agent in Arizona?
How do I accept a statutory agent in Arizona?
The statutory agent can accept the appointment by completing and submitting the Statutory Agent Acceptance form M002 found on our website at: www.ecorp.azcc.gov If the statutory agent is an entity, an authorized agent of that entity can sign the acceptance.
What is statutory agent Arizona?
An Arizona statutory agent (also known as a Registered Agent) is required by law for every formal business in the state of Arizona. A statutory agent receives all official paperwork from the State of Arizona, they also receive any service of process a business may be served in a lawsuit.
Do I need a statutory agent in AZ?
Every Arizona entity and every entity that is qualified to do business in Arizona must have and maintain a statutory agent located in Arizona. In California, Nevada, Delaware and other states the equivalent of an Arizona statutory agent is called a resident agent.
How much is a statutory agent in Arizona?
Arizona Registered Agent
| Entity | State Filing Fee | Arizona Registered Agent Required? |
|---|---|---|
| Arizona LLC | $50 | Yes |
| Arizona Corporation | $60 | Yes |
| Foreign Arizona LLC | $150 | Yes |
| Foreign Arizona Corporation | $175 | Yes |
What are the duties of a statutory agent?
A statutory agent has a couple main duties:
- To be open or available during normal business hours to accept service of process or any legal notification.
- To maintain good contact information and communication with the responsible parties of the entity the statutory agent is serving as registered agent of.
Who should be your statutory agent?
In most states, the agent can be an individual who is at least 18 years old, or it can be a company that provides registered agent services. A corporation or LLC cannot act as its own agent, but in most states, one of its employees or owners can be the agent.
What does a statutory agent do?
More commonly known as a registered agent, a statutory agent is an individual or entity appointed by a Limited Liability Company, S Corporation, C Corporation, or other legal business entity to accept legal documents, government correspondence, and compliance paperwork on its behalf.
Do you have to have a registered agent?
No matter where you’re starting your business, if you’re forming an LLC or corporation, you’re required to have a registered agent and a registered office. But this doesn’t mean you need to hire a registered agent service.
What are the risks of being a registered agent?
Risks to Being Your Own Registered Agent
- 1) You Have to Be Available During All Business Hours.
- 2) You Could Miss an Important Delivery.
- 3) You Can Only Conduct Business In Your Home State.
- 4) A Registered Agent’s Address Is a Matter of Public Record.
- 5) Your Customers or Employees Could See You Get Served.
Is registered agent the same as owner?
Does Registered Agent mean owner? No. A registered agent is a person or entity that a company designates to receive official legal documents such as court papers. It could be the owner, but it doesn’t have to be.
Why you shouldn’t use LegalZoom?
LegalZoom Admits Its Limitations in Helping You LegalZoom’s legal document service is not a substitute for the advice of an attorney. LegalZoom cannot provide legal advice and can only provide self-help services at your specific direction. LegalZoom is not permitted to engage in the practice of law.
Is it a bad idea to be your own registered agent?
Appointing yourself registered agent for your company sounds like it might be the simplest solution, but in fact, it’s not advisable. While it’s tempting to act as your own registered agent for LLC or corporation issues, it’s generally not a good idea.
What is appointment of Statutory Agent?
A statutory agent is “appointed” in the articles of incorporation (think corporation) or the articles of organization (think limited liability company).
What is the definition of Statutory Agent?
Quick Reference. A statutory agent (often referred to as a registered agent in most states) is an individual or company, designated by the entity to receive important legal documents on behalf of the business. In essence, the statutory agent is the mailbox for the entity.
What is statutory agency?
statutory agency. Any government agency or body created in the UK, by an Act of Parliament or other legislation. Examples. Healthcare Commission , General Medical Council , General Dental Council , NHS, primary care trusts ( PCTs ), hospital trust, social services department, etc.
