29-3117. Resignation of statutory agent

273 words·~1 min read·/az/title-29/29-3117

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. A statutory agent may resign as an agent for a limited liability company or registered foreign limited liability company by delivering to the commission for filing a statement of resignation that states all of the following:

1. The name of the company or foreign company.

2. The name of the agent.

3. That the agent resigns from serving as statutory agent for the company or foreign company.

4. The address of the company or foreign company to which the agent will send the notice required by subsection C of this section.

B. A statement of resignation takes effect on the earlier of:

1. The thirty-first day after the day on which the statement of resignation is filed by the commission.

2. The designation of a new statutory agent for the limited liability company or registered foreign limited liability company.

C. A statutory agent promptly shall furnish to the limited liability company or registered foreign limited liability company notice in a record of the date on which a statement of resignation was filed.

D. When a statement of resignation takes effect, the statutory agent ceases to have responsibility under this chapter for any matter thereafter tendered to the statutory agent as agent for the limited liability company or registered foreign limited liability company. The resignation does not affect any contractual rights that the company or foreign company has against the agent or that the agent has against the company or foreign company.

E. A statutory agent may resign with respect to a limited liability company or registered foreign limited liability company whether or not the company or foreign company is in good standing.