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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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CORPORATIONS AND ASSOCIATIONS |
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TITLE 1. GENERAL PROVISIONS |
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SUBTITLE 2. FEES AND RECORDING |
§ 1-208. Resident agent.
Latest version.
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(a) Written consent of designated resident agent. -- Notwithstanding any other provision of this title, an entity that is required to have a resident agent may not designate a person as a resident agent without first obtaining the person's written consent.
(b) Filing and acceptance of consent; waiver. --
(1) (i) Unless waived by the Department, an entity shall file a resident agent's written consent with the Department.
(ii) The consent shall be effective on acceptance by the Department.
(2) (i) If the filing of a resident agent's written consent is waived by the Department, an entity shall:
1. Certify to the Department that the written consent of the resident agent has been obtained;
2. Maintain a copy of the written consent in its records; and
3. Provide a copy of the written consent to the Department on request.
(ii) The consent shall be effective on certification to the Department that the consent has been obtained.
(c) Applicability. -- Subsections (a) and (b) of this section do not apply to resident agents designated before October 1, 1998.
(d) Resignation. -- A person designated a resident agent may resign without paying the fee under § 1-203(b)(2) of this subtitle.