Statement of Resignation of Registered Agent (Domestic or Foreign Business Entity) - Kentucky

Statement of Resignation of Foreign Business Entity) is a legal document that was released by the Kentucky Department of Revenue - a government authority operating within Kentucky.

FAQ

Q: What is a registered agent?A: A registered agent is a person or entity designated to receive legal documents on behalf of a business entity.

Q: Why would a business entity resign its registered agent?A: A business entity may resign its registered agent if it no longer wishes to use their services or if the registered agent is no longer available.

Q: What is a domestic business entity?A: A domestic business entity is a business that is incorporated or formed in Kentucky.

Q: What is a foreign business entity?A: A foreign business entity is a business that is incorporated or formed in a state other than Kentucky.

Q: How can a business entity resign its registered agent in Kentucky?A: A business entity can resign its registered agent by submitting a Statement of Resignation of Registered Agent to the Kentucky Secretary of State.

Q: Can a business entity appoint a new registered agent after resigning the current one?A: Yes, a business entity can appoint a new registered agent after resigning the current one. A new registered agent must be designated within 30 days of the resignation.

Q: What happens if a business entity does not appoint a new registered agent after resigning the current one?A: If a business entity does not appoint a new registered agent after resigning the current one, the entity may lose its good standing status with the Kentucky Secretary of State.