§ 23-0.5-4-5 — Termination of listing as a commercial registered agent

Indiana § 23-0.5-4-5

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 0.5: UNIFORM BUSINESS ORGANIZATIONS CODE
• Ch. 4: Registered Agent of Entity

Text

(a) A commercial registered agent may
terminate its listing as a commercial registered agent by delivering to
the secretary of state for filing a commercial registered agent
termination statement signed by the agent which states:
(1) the name of the agent as listed under section 4 of this chapter;
and
(2) that the agent is no longer in the business of serving as a
commercial registered agent in Indiana.
(b) A commercial registered agent termination statement takes
effect at 12:01 a.m. on the thirty-first day after the day on which it is
delivered to the secretary of state for filing.
(c) The commercial registered agent promptly shall furnish each
entity represented by the agent notice in a record of the date on which
the commercial registered agent termination statement was filed.
(d) When a commercial registered agent termination statement takes
effect, the commercial registered agent ceases to be the registered agent
for each entity formerly represented by it. Until an entity formerly
represented by a terminated commercial registered agent designates a
new registered agent, service of process may be made on the entity
under section 10 of this chapter. Termination of the listing of a
commercial registered agent under this section does not affect any
contractual rights a represented entity has against the agent or that the
agent has against the entity.

Legislative History

As added by P.L.118-2017, SEC.5.