Introduction
When setting up a Limited Liability Company (LLC) in Rhode Island, a registered agent needs to be appointed. A registered agent is a person or entity responsible for receiving legal and official documents on behalf of the LLC. However, there may be instances where you need to change the registered agent of your Rhode Island LLC. This article will guide you through the process of changing the registered agent effectively.
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Why Change Registered Agent?
Various reasons can prompt you to change the registered agent of your Rhode Island LLC, such as:
1. *Relocation*: If your registered agent is relocating to another state or isn't available at the current address anymore, you will need to change the registered agent.
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2. *Desire for a Professional Registered Agent*: Some businesses choose to hire a professional registered agent service instead of an individual to ensure uninterrupted service and enhanced privacy.
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3. *Internal Restructuring*: In some cases, during internal restructuring, you may decide to change the registered agent as per new management decisions.
Requirements to Change Registered Agent
To change the registered agent of your Rhode Island LLC, you must fulfill these requirements:
1. *Be a Rhode Island Entity*: Only Rhode Island entities can serve as the registered agent for a Rhode Island LLC.
2. *Have a Physical Address*: The registered agent must have a physical street address in Rhode Island. P.O. Boxes are not acceptable.
Steps to Change Registered Agent
To change the registered agent of your Rhode Island LLC, follow these simple steps:
1. Choose a New Registered Agent: Select a new registered agent in Rhode Island for your LLC. Inform the chosen agent about their new appointment and ensure they agree to accept the responsibility.
2. Amend Your Rhode Island LLC's Articles of Organization: To formally change the registered agent, you need to file an "Amendment to Articles of Organization" form with the Rhode Island Secretary of State's office. You can obtain this form from their official website or their physical office.
3. Complete the Amendment Form: Fill out the "Amendment to Articles of Organization" form accurately. Provide the LLC's name, address, organizer's name, the new registered agent's name, and their address. Sign the form to authorize the change.
4. Submit the Amendment Form: Once you have completed the form, you can submit it to the Rhode Island Secretary of State's office. Be sure to include the required filing fee. At the time of writing, the filing fee for the Amendment form is $50.
5. Notify the Current Registered Agent: You must notify the current registered agent of the LLC about the change in writing or provide them a copy of the amended filing.
6. Update Internal Records: Update your internal records to reflect the change in the registered agent, including any operating agreements or bylaws.
Conclusion
Changing the registered agent of your Rhode Island LLC is a straightforward process that requires filing the "Amendment to Articles of Organization" form with the Secretary of State's office. Ensure that your new registered agent meets the requirements of being a Rhode Island entity with a physical address. Don't forget to notify your current registered agent and update internal records to reflect the change. By following these steps, you can change the registered agent of your Rhode Island LLC easily and seamlessly, maintaining compliance with the state's regulations.
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