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What Would Happen if a Business Fails to Designate and Maintain a Registered Agent?

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What Would Happen if a Business Fails to Designate and Maintain a Registered Agent?

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When a business entity fails to designate and maintain a registered agent, the failure may foreclose or hinder the business entity’s ability to legally enter into contracts and gain access to state courts. Additionally, the business entity may also be subjected to monetary, civil, and criminal sanctions. Also, the failure to maintain a registered agent may cause your company to fall out of “good standing” within the state. This will subject your license to do business within a state to forfeiture, with monetary penalties assessed to reinstate your company to a “good standing” again.

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