16-16-119. Resignation of agent for service of process.
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/ut/title-16/chapter-16/16-16-119A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
16-16-119. Resignation of agent for service of process.
(1)To resign as an agent for service of process of a limited cooperative association or foreign cooperative, the agent shall deliver to the division for filing a statement of resignation containing the name of the agent and the name of the association or foreign cooperative.
(2)After receiving a statement of resignation under Subsection
(1), the division shall file it and mail or otherwise provide or deliver a copy to the limited cooperative association or foreign cooperative at its principal office.
(3)An agency for service of process of a limited cooperative association or foreign cooperative terminates on the earlier of:
(a)the 31st day after the division files a statement of resignation under Subsection
(2); or
(b)when a record designating a new agent for service of process is delivered to the division for filing on behalf of the association or foreign cooperative and becomes effective.
Amended by Chapter 378 , 2010 General Session