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MS SB2640
Bill
AI Summary
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Creates the Mississippi Registered Agents Act (Chapter 79-35) establishing uniform statewide rules for registered agents serving entities, replacing scattered provisions across corporate, LLC, and partnership laws.
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Defines commercial registered agents (those listed with Secretary of State) and noncommercial registered agents, with commercial agents permitted to serve multiple entities and noncommercial agents serving individual entities.
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Establishes filing fees: $100 for commercial agent listing, $50 for termination, $10 per entity for statement of change (capped at $1,000), and allows Secretary of State to reduce fees for electronic filings.
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Requires registered agents to forward process and notices to represented entities and maintain current information; provides procedures for agent resignation, changes in agent information, and service of process when agent cannot be located.
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Repeals scattered registered agent provisions from corporation, nonprofit, partnership, and LLC statutes and adds administrative dissolution procedures for entities that fail to maintain proper registered agents; effective January 1, 2013.
Legislative Description
Service of process; Model Registered Agents Act (ULC).
Last Action
Died In Committee
3/6/2012