in biz, what's a "process agent"?

[powerdog]

Accountant has recommended I form an LLC, and that requires choosing a process agent. But they only give circular definitions, "a process agent is an agent who..." WHAT is one? A lawyer?

 

[alveraz]

Re: in biz, what's a "process agent"?

Haven't heard the term, but we're using an entertainment lawyer to process our Llc. I believe there's several other options available online as well, to do it yourself, a cheaper but riskier route (from what I hear). Good luck.

 

[pookie_old]

Re: in biz, what's a "process agent"?

LLC, odd...

http://www.mycorporation.com/llcfaq.htm

 

[gritsngumbo]

Re: in biz, what's a "process agent"?

This is usually a person who you designate to be served with papers if the corp or lllc is sued. I've only seen this used if you are incorporating in a state other than where you are located. but each state has different requirements.