A New Mexico Registered Agent is your business's point of contact for legal matters – learn how having one can simplify compliance and safeguard your company's interests.
Before you start a limited liability company (LLC) in New Mexico, you’ll need to appoint a registered agent. But what is a registered agent? What are they required to do, and who can be one? We’ll answer those questions below.
A registered agent is an individual or company that is designated by the LLC to receive important legal documents on behalf of the business. This position is necessary because it ensures that the right people within an LLC are notified in the event of time-sensitive events such as service of process for lawsuits, tax notices, and garnishment notices against employees.
According to New Mexico law (NM Stat § 53-19-5 ), a limited liability company shall maintain in New Mexico:
(1) a registered office that may be the same as the limited liability company’s principal place of business; and
(2) a registered agent for service of process on the limited liability company that is either:
(a) an individual resident of New Mexico;
(b) a domestic corporation, limited liability company, or partnership having a place of business in New Mexico that is the same as the registered office; or
(c) a foreign (out-of-state) corporation, limited liability company, or partnership authorized to transact business in New Mexico having a place of business that is the same as the registered office.
There are various reasons to consider hiring a service to act as a registered agent, including:
You must name your registered agent when you complete the official paperwork with the state to form your LLC, so you need to decide who your registered agent or registered agent service will be before you begin that process. Be sure to inform whomever you’re appointing and get their permission to serve in that role.
Disclaimer: The content on this page is for information purposes only and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
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