Hiển thị các bài đăng có nhãn registered agent. Hiển thị tất cả bài đăng
Hiển thị các bài đăng có nhãn registered agent. Hiển thị tất cả bài đăng

Thứ Tư, 20 tháng 6, 2012

What is the registered office?


The address listed for the Registered Agent is referred to as the “registered office.”  The registered office need not be a place of business for the entity.  Generally speaking, the registered agent must be capable of being served at the registered office.  For organizations serving as the registered agent, Texas law states explicitly that there must be an employee on hand during normal business hours in order to receive any process, notice or demand that is sent to the organization.  While the statute does not impose the same explicit requirements on a person serving as the registered agent, Texas law nevertheless imposes a general requirement that the registered office be a “street address where process may be personally served on the registered agent” (See Texas Business Organizations Code Section 5.201(c)(1)).

Post by Iain A. Berry, Attorney

Thứ Ba, 12 tháng 6, 2012

Who can serve as my registered agent? What if I don’t have a registered agent or fail to keep my registered agent up to date?

A person can be a registered agent if they are a resident of Texas and have consented to be a registered agent. This can include any person who is an employee, officer or owner of the business, but it may be any third party that has agreed to serve as the registered agent.  An organization may be a registered agent if they are authorized to do business in Texas, and have similarly consented to be the registered agent.  In fact, there are companies whose entire business is to serve as the registered agent for various entities.  Failure to secure the consent of the person or entity being listed as the registered agent may constitute the filing of a false instrument and may open the entity who filed the instrument, and any person who directed or signed the document up to potential civil liability and criminal charges, so it is vitally important to obtain a signed written consent of the registered agent and it is advisable for the entity to file this document among the entity’s corporate books/papers.

Failure to maintain a registered agent for an entity is a serious matter and can have dire consequences for a business.  Under Texas law, when an entity fails to appoint a registered agent in the state (or fails to maintain a registered agent at the registered office), the person seeking to serve a lawsuit or other notice on the entity is then entitled to serve that process or notice on the Secretary of State in place of that registered agent.  By serving the secretary of state, that lawsuit or other notice has been deemed to be served on the entity itself, regardless of whether the entity actually is made aware of the lawsuit or notice.  This means that a lawsuit may filed and served on an entity and a judgment taken against the entity potentially without the entity ever actually knowing about it.


By Iain Berry

Thứ Sáu, 1 tháng 6, 2012

What is a registered agent? Do I need one for my business?

A Registered Agent is a person or organization that may be served any process, notice, or demand that is required or permitted by law to be served on the entity they represent.  Texas law requires that corporate entities (corporations, limited partnerships, limited liability companies, professional associations, cooperatives, and real estate investment trusts) operating in the state have a registered agent (See Texas Business Organizations Code Section 5.201).  At the time of the creation of the corporate entity, the registered agent must be declared.

By Iain Berry, Attorney

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