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Updated over 4 years ago on . Most recent reply
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Statutory Agent Referral in AZ
We're purchasing our first property in Arizona and learning their LLC regulations as we're from CO. I'm looking for a decent yet inexpensive lawyer to assign as our Statutory Agent. I thought my Prop Mgr could be this person but he explained that this entity is who would represent you in a lawsuit. I dug deeper to read that we also need to post in the paper a number of times...this is more complicated than the 30 second online form we filled out for our 3 Colo properties.Thanks for your guidance and thoughts!
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I think there's some confusion about what a statutory agent is. A stat agent has authority to accept service of legal papers on your behalf. They do NOT have to represent you in a lawsuit. Posting in the paper is only used when you file a lawsuit and cannot find the defendant - your stat agent only has to sign a form accepting the position.
Here is a helpful link with info about statutory agents in AZ: https://azcc.gov/docs/default-...