Bills › 88th General Assembly
Relating to the resignations of registered agents serving certain business entities
Sponsored by the House Judiciary (companion To Sf 2185 By Committee on Judiciary) Committee
Where it is now
- Done: IntroducedFebruary 6, 2020
- Skipped: SubcommitteeSkipped
- Done: House committeeMarch 3, 2020
- Done: Passes the HouseMarch 3, 2020
- Skipped: Senate committeeSkipped
- Done: Passes the SenateJune 3, 202049–0
- Done: To the GovernorJune 16, 2020
- Done: Signed into lawJune 17, 2020
Signed into law What’s a funnel?
What’s in it
AI summary Currently, when a registered agent for a business resigns, the change happens immediately. This bill would change that so the resignation does not take effect until 31 days after the paperwork is filed or until a new agent is chosen. This affects various types of businesses, such as corporations, partnerships, and nonprofits, that are required to have an official point of contact with the state.1
Read the official explanation
BILL’S PROVISIONS., by filing a statement of change with the secretary of state). Currently, the appointment is terminated on the date that the resignation statement is filed with the secretary of state. BACKGROUND —— REGISTERED AGENTS AND REGISTERED OFFICES. A registered agent is a person who represents a business entity (other than a sole proprietorship) by serving as the official point of contact with the state in which the business entity is located or doing business and who acts to receive service of process and legal or government documents or correspondence for transmission to the business entity’s principle place of business. A registered agent is required to maintain a business office in this state which must also be registered. BUSINESS ENTITIES SUBJECT TO THE BILL.1507).
Iowa Code it changes
Amends§486A.1213§488.116§489.115§490.1509§490.503§499.74§501.106§501A.403§501B.11§504.1509§504.503
Lobbying
1 for · 0 against · 2 undecided · Who →
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88th General Assembly