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Vermont Statutes Title 11 C. Mutual Benefit Enterprises, § 119. Resignation of agent for service of process

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) To resign as an agent for service of process of a mutual benefit enterprise or foreign enterprise, the agent shall deliver to the Secretary of State for filing a statement of resignation containing the name of the agent and the name of the enterprise or foreign enterprise.

(b) After receiving a statement of resignation under subsection (a) of this section, the Secretary of State shall file it and mail or otherwise provide or deliver a copy to the mutual benefit enterprise or foreign enterprise at its principal office.

(c) An agency for service of process of a mutual benefit enterprise or foreign enterprise terminates on the earlier of:

(1) the 31st day after the Secretary of State files a statement of resignation under subsection (b) of this section; or

(2) when a record designating a new agent for service of process is delivered to the Secretary of State for filing on behalf of the enterprise or foreign enterprise and becomes effective.

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Cite this article: FindLaw.com - Vermont Statutes Title 11 C. Mutual Benefit Enterprises, § 119. Resignation of agent for service of process - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-c-mutual-benefit-enterprises/vt-st-tit-11c-sect-119/

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