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Model Registered Agents Act |
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Information about the Model Registered Agents
Act |
The Model Registered Agents Act (also known as MoRAA), is an
endeavor lead by the American Bar Association Business Law
Section and the International Association of Commercial
Administrators (IACA) - Business Organization Section
(BOS).
The purpose is to standardize laws in relation to business
entities. More specifically, regarding annual reporting,
registered agents and other laws and forms used to file new
business entities.
So by all states adopting a standard set of laws, the Model
Registered Agents Act can help to establish uniform procedures
for all States. Businesses in all States will have the same
modes for filing for new business entities and other related
forms and applications including the laws pertaining to
registered agents. This uniformity will be very beneficial,
especially when companies grow and start doing business in
neighboring states.
For now though, the following states are the only ones
involved:
• Idaho
• Montana
• North Dakota
• South Dakota
• Utah
• Arkansas
• Maine
• Nevada
To have your state get on board, please contact your local
Congressman as well as your local Chamber of Commerce. Your
voice will help establish the Model Registered Agents Act in
all states.
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