If you’ve been considering forming a business (or already have started one), you’ve probably have heard the term registered agent. Alternate names include statutory agent, agent for service of process, or resident agent.
A registered agent is a designated party located within the state that a business has authorized to accept “service of process” (notice of lawsuits) and essential correspondence from the state on its behalf. Essentially, there are two types of registered agents – commercial and noncommercial.
So, what’s the difference between a commercial and noncommercial registered agent? And which one should […]