Overview: What is a Statutory Agent?
A statutory agent accepts service of process on behalf of an LLC or corporation. To appoint an agent, find a registered agent with an Arizona address available during business hours. Notify the Arizona Corporation Commission of the agent’s name and address. The state website lists statutory agents. Having an agent ensures the state can contact the company.
Eligibility and Duties of Statutory Agents
Eligible statutory agents include: Arizona corporations, LLCs, individuals. The agent signs a Statutory Agent Acceptance form. The form goes to the Secretary of State. Registered agents (statutory agents) accept service of process and legal documents for businesses. They ensure timely alerts about deadlines and necessary actions. Primary duties involve managing legal paperwork and government correspondence.
Requirements for Businesses Operating in Arizona
Out-of-state companies doing business in Arizona need an Arizona statutory agent and certificate of authority. Commercial statutory agents cost $100-$150 per year. If an entity doesn’t designate an agent, the Secretary of State may act as statutory agent.