Vt. Stat. tit. 11C § 119

Current through L. 2024, c. 185.
Section 119 - Resignation of agent for service of process
(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.

11C V.S.A. § 119

Added 2011, No. 84 (Adj. Sess.), § 1, eff. 4/20/2012.