Whether we’re talking weather, vacations, or bags of potato chips, all good things must come to an end, and that includes registered agent duties.
There are numerous reasons you might need to give up your Connecticut registered agent role, but only one way to resign.
Registered agents play an important role in the life of an LLC, handling sensitive legal and tax documents, so it’s essential that agents follow proper resignation procedures. Otherwise, you could leave your company with unplanned fines or penalties, and you could be individually liable.
Fortunately, for Connecticut LLCs it is easy.
Follow these steps and the hardest part of your resignation won’t be the process itself, it’ll be saying “so long” to your former business.
Notifying the Connecticut LLC
Considering the importance of registered agent responsibilities and the serious consequences for not having one, your LLC would probably appreciate advance notice of your resignation. Connecticut state law mandates that you send notice to your company immediately after filing your resignation with the Secretary of State. However, in many cases, it’s a good idea to let your LLC know sooner, so they can put a plan in place to change their registered agent.
Even though you aren’t obligated to inform your LLC in advance, it will help make the transition smoother, so that they (and you) don’t incur any fines or penalties.
Submitting Your Resignation
The initial talk with your LLC, as outlined above, doesn’t have any specific guidelines because it isn’t required, but there is a designated process for filing your resignation with the state.
If you check the Connecticut Secretary of State forms page for an official resignation document, you won’t find one, and that’s because it doesn’t exist. You can simply create your own. The state’s General Statutes don’t dictate what to include on the form either, but you’ll want to include at least the following:
- The LLC name (as it appears on record with the Secretary of State)
- Your name
- Your most recent office address
- A statement of your resignation
- The principal address of the LLC, so the Secretary of State can mail a copy
- Your signature
Resigning as a registered agent will cost you $50, plus another $50 if you need to expedite the process. Submit this payment, the original signed statement, and one copy of the statement, to:
Connecticut Secretary of the State
Commercial Recording Division
PO Box 150470
Hartford, CT 06115-0470
You can also deliver your materials in person to 30 Trinity St, Hartford, CT 06106, or by fax at (800) 392-2122. Payment options include check (made out to “Connecticut Secretary of State”) or credit card.
As soon as the Secretary of State processes your filing, they will mail the second copy to your LLC as an official notification. Standard processing time is 7-10 business days, but expedited service will turn it around in 24 hours.
Your form may be submitted, but you haven’t totally relinquished your responsibilities yet. According to Connecticut law, your name will remain on file as the registered agent for 31 days after your resignation is processed, unless your LLC appoints a new agent sooner.
Handing off Your Responsibilities
When you put down your registered agent responsibilities, someone else has to pick them up, or your LLC will lose its good standing with the state. Help your LLC keep its momentum by carefully planning your transition.
This starts with finding a successor who’s ready to take over right away. Even a small gap in registered agent coverage can result in severe penalties. From the moment that an LLC receives official notification from the state (after an agent’s resignation), they have three months to find a replacement. If the LLC doesn’t change its registered agent in that window, it can be administratively dissolved.
Once you’ve nominated a replacement, confirm that they meet Connecticut’s registered agent requirements. They must:
- Be an individual resident of Connecticut or a corporation authorized to do business in the state
- Have a physical Connecticut address (P.O. boxes aren’t allowed)
- Be available during normal business hours to receive documents and service of process.
We recommend using a registered agent service, which can take over registered agent duties, freeing up more time for the LLC’s managers to focus on running the business.
You do a lot for your Connecticut LLC. You’re essentially the shield that protects it from fines, the filter that catches important documents, the conductor that keeps it on track with compliance.
Because you play such an important role, it’s crucial that you follow the resignation procedures exactly — and potentially provide a replacement agent for the business. Otherwise, you might find yourself and your LLC in hot water.
Follow this guide and you’ll be totally fine. Soon, you’ll be on to your next project, whether that’s starting a new business in Connecticut or something completely different.