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WHO SHOULD BE YOUR REGISTERED AGENT ? |
You
have choices concerning who will be your registered agent, regardless
of who incorporates/forms your company. You should not make the mistake,
however, of thinking that registered agent service is a "commodity" service
- that is, the same service with everyone, so that the only thing that
matters is the cheapest price. Always remember that service on your registered
agent is service on your company and that it is no excuse to tell a court
that you didn't respond to a lawsuit because your registered agent didn't
get the information about that lawsuit to you. The bottom line is that
you have two concerns to contend with: quality and price. "Buying" a registered
agent is no different than any other buying decision you make. First,
you need to eliminate from your buying consideration those services which
do not meet your quality requirements. Once you are satisfied that you
are comparing quality-equivalents ("apples to apples"), price has its
place.
While the essence of the registered agent's job is dealing with matters which are legally important to your company, there are some nonlawyer services which provide services comparable in quality with the services provided by attorneys. There are, however, a much greater number who sell their services on the basis of price. You need to be able to tell the difference. Once you have divided the possibilities into quality and questionable quality, examine the quality candidates in terms of your own individual needs. If you become a large national corporation, with litigation in a number of states, it may make sense to pay considerably more to get online tracking of your litigation in addition to quality registered agent service. On the other hand, if you view the requirement of having a registered agent as a necessary evil, then it might make sense to get the least expensive quality service you can (in other words, strip out the unnecessary extras), and tell whoever forms your company to name that service as your registered agent. One service claims lower costs with lawyer quality, and there may be others. Whoever your registered agent, however, remember that your only obligation is to pay the fixed fee for registered agent service and co-operate by acknowledging receipt of documents sent to you. |
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