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From Wolters Kluwer:
For a law firm, providing registered agent services to clients may, on the surface, appear to be an obvious choice. After all, registered agents facilitate the receipt of service of process and receive other official documents for tax and legal purposes that require a response from a business. In addition, a registered agent can play a vital role in ensuring that a business entity maintains its good standing by complying with various jurisdictional laws and requirements.
However, there are risks involved when a law firm acts as a registered agent for its clients. Generally, these risks can be divided into two broad categories.
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This article was submitted by Samantha Chapman, Indiana Secretary of State. If you would like to submit content or write an article for the Business Law Section, please email Kara Sikorski at ksikorski@indybar.org.