16-1a-406. Termination of listing of a commercial registered agent.
259 words·~1 min read·
/ut/title-16/chapter-1a/16-1a-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 10/1/2026
16-1a-406. Termination of listing of a commercial registered agent.
(1)A commercial registered agent may terminate the commercial registered agent's listing as a commercial registered agent by delivering to the division for filing a commercial registered agent termination statement signed by the commercial registered agent that states:
(a)the name of the commercial registered agent described in Section 16-1a-405 ; and
(b)that the agent no longer conducts the business of serving as a commercial registered agent in this state.
(2)A commercial registered agent termination statement takes effect at 12:01 a.m. 31 days after the day on which the division files the commercial registered agent termination statement.
(3)The commercial registered agent shall promptly furnish to each entity the commercial registered agent represents a notice of the filing of the commercial registered agent termination statement.
(4)When a commercial registered agent termination statement takes effect, the commercial registered agent ceases to be the commercial registered agent for each entity the commercial registered agent formerly represented.
(5)Notwithstanding Subsection
(4), a person may deliver service of process to a commercial registered agent after the commercial registered agent termination takes effect, until an entity formerly represented by the commercial registered agent designates a new commercial registered agent.
(6)A commercial registered agent terminating the commercial registered agent's listing under this section does not affect a contractual right that:
(a)a represented entity has against the commercial registered agent; or
(b)a commercial registered agent has against a represented entity.
Enacted by Chapter 93 , 2026 General Session