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How to Change a Registered Agent in New Mexico
If you have a business in New Mexico, you must have a registered agent and registered office filed with the Secretary of State. Registered agents are your company’s first point of contact, ensuring that the government and the public can reach the company during regular business hours.
If you need to delegate a new registered agent or switch registered agent services, the change process is simple, but you’ll have to make the required filings with the Secretary of State and pay the associated fees. Read on for how to change registered agents in New Mexico.
The Process of Changing a Registered Agent in New Mexico
The New Mexico Secretary of State’s website has all the information you need to change your New Mexico registered agent. To change a registered agent in New Mexico, you must complete and file a Statement of Change of Registered Agent form with the New Mexico Secretary of State, Corporations Bureau. You’ll have to submit the form by mail or in person. The cost is $25 for corporations and $20 for LLCs. You can make the payment by check or money order.
The steps to file are simple:
- Inform the current registered agent that you plan to change your registered agent services.
- Complete the New Mexico Statement of Change of Registered Agent.
- File the form with the Secretary of State of North Carolina, Corporations Division, through mail or in person.
- Update the Articles of Organization to reflect the new registered agent and the registered address.
You can mail completed forms to:
New Mexico Secretary of State
Corporations Bureau
325 don gaspare, suite 300
Santa Fe, NM 87501
If you have any questions, you can contact the Secretary of State by phone at
(800) 477-3632.
What Are the Fees Associated With Changing a Registered Agent in New Mexico?
Changing a registered agent in New Mexico costs $25 for corporations and $20 for LLCs. You can request same-day service for a $150 fee or a two-day service for a $100 fee.
How Long Does It Take to Change a Registered Agent in New Mexico?
To change the registered agent in New Mexico, the normal processing time is up to 15 business days. However, you can also pay an additional fee for same-day or two-day expedited services.
Who Should You Notify About Changing Your Registered Agent in New Mexico?
When changing registered agents in New Mexico, you must notify the existing registered agent. The new registered agent will have to fill out the statement of acceptance of appointment as the registered agent.
Depending on your operating agreement, you will generally need a resolution by the members or board of the organization. Once you file with the New Mexico Secretary of State, you may also need to inform stakeholders and relevant government agencies and update the company’s operating agreement.
What Happens if You Fail to Change Your Registered Agent In New Mexico?
If you fail to update the New Mexico Secretary of State with your new registered agent, you risk failing to receive critical information or service of process. You could face fines, penalties, or forced dissolution of the company. If you need to dissolve your LLC in New Mexico, find the steps to avoid the risk of forced dissolution.
How Often Can You Change Your Registered Agent in New Mexico?
You can change registered agents in New Mexico as often as needed. Each time you do so, you must file a new Statement of Change form with the Secretary of State of New Mexico. You must also pay the $20 to $25 filing fee.
The registered agent must have a physical street address in New Mexico. You will need to update the Articles of Organization to reflect the new registered agent and the registered address.
Changing Registered Agents in New Mexico
If you move the company from another state or expand operations to New Mexico, you’ll need a New Mexico registered agent. Likewise, if you need to change registered agent services in New Mexico, filing promptly can help ensure you receive all government or public communication efficiently.
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FAQs
Can I change my registered agent in New Mexico at any time?
Yes, you can change your registered agent anytime in New Mexico. You must file the statement of change with the New Mexico Secretary of State and pay the associated fee based on whether your company is an LLC or a corporation.
Can I change my registered agent myself, or do I need to hire a professional in New Mexico?
You can change the registered agent service yourself in New Mexico. You don’t need to hire a professional service or third party to change registered agents in New Mexico.
Will changing my registered agent in New Mexico have any impact on my business operations or legal standing?
Changing your registered agent in New Mexico won’t impact your business operations or legal standing. However, any legal documents, such as the service of process, will be delivered to the new registered address after legally changing your registered agent and address.
Can I change my registered agent if I am not physically located in New Mexico?
If you are not physically located in New Mexico, you will need to get a New Mexico registered agent. A New Mexico registered agent must be a resident of New Mexico or a business based in the state. The registered agent must have a physical New Mexico address open during regular business hours.
Are there any specific qualifications or requirements for a registered agent in New Mexico?
Registered agents in New Mexico may be residents or businesses based in the state.