Code of Massachusetts Regulations
950 CMR - OFFICE OF THE SECRETARY OF THE COMMONWEALTH
Title 950 CMR 108.00 - Limited Partnerships
Section 108.13 - Resident Agent

Universal Citation: 950 MA Code of Regs 950.108

Current through Register 1537, December 20, 2024

(1) Each domestic and foreign limited partnership authorized to transact business in the Commonwealth must continuously maintain a resident agent and office in the Commonwealth.

(2) The office address of the resident agent must be a street address. A post office address is not sufficient.

(3) The resident agent may be an individual, a domestic corporation, a domestic not for profit corporation, a domestic other business entity authorized by law, a foreign corporation qualified to do business in the Commonwealth or a foreign other business entity authorized by law and qualified to do business in the Commonwealth.

(4) A domestic limited partnership or a foreign limited partnership authorized to transact business in the Commonwealth shall change its resident agent or the street address of the resident agent by filing a certificate of change of agent/office address. Such certificate shall set forth:

(a) the exact name of the limited partnership;

(b) the current street address of the resident agent;

(c) the new street address of the resident agent;

(d) the name of the current resident agent;

(e) the name of the new resident agent if the current resident is to be changed; and

(f) the new resident agent's written consent to the appointment if the certificate sets forth the name of a new resident agent.

(5) A resident agent shall change his street address for any domestic limited partnership or foreign limited partnership authorized to transact business in the Commonwealth for which he is a resident agent by filing a statement of change of resident office. The statement of change shall set forth:

(a) the name of the agent;

(b) the exact name of each domestic or foreign limited partnership;

(c) the current office address;

(d) the new office address; and

(e) a certification that each limited partnership listed herein has been notified in writing of the change as required by M.G.L. c.109, §§ 4 and 52.

The Statement of Change must be signed by the resident agent. It is effective on the time and date approved by the Division.

(6) A resident agent shall resign his appointment by filing a statement of resignation with the Division. The statement of resignation shall set forth:

(a) the name of the resident agent;

(b) the exact name of the limited partnership;

(c) the current office address of the resident agent;

(d) a statement that the agent hereby resigns his appointment as resident agent of the limited partnership;

(e) a statement indicating whether the resident agent office address will be discontinued; and

(f) a statement that a copy of the resignation has been furnished to the limited partnership. The statement of resignation must be signed by the resident agent. The signature may be original or facsimile. The resignation, and if applicable, the discontinuance of the office address, shall be effective on the 31" day after the date on which the statement was filed.

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