2011 South Dakota Code
Title 59 AGENCY
Chapter 11. Model Registered Agents Act
§59-11-15 Resignation of registered agent.
59-11-15. Resignation of registered agent. A registered agent may resign at any time with respect to a represented entity by filing with the secretary of state a statement of resignation signed by or on behalf of the agent which states:
(1) The name of the entity;
(2) The name of the agent;
(3) That the agent resigns from serving as agent for service of process for the entity; and
(4) The name and address of the person to which the agent will send notice.
A statement of resignation takes effect on the earlier of the thirty-first day after the day on which it is filed or the appointment of a new registered agent for the represented entity.
The registered agent shall, pursuant to subdivision (4), promptly furnish the represented entity notice in a record of the date on which a statement of resignation was filed.
When a statement of resignation takes effect, the registered agent ceases to have responsibility for any matter tendered to it as agent for the represented entity. A resignation under this section does not affect any contractual rights the entity has against the agent or that the agent has against the entity.
A registered agent may resign with respect to a represented entity whether or not the entity is in good standing.
Source: SL 2008, ch 275, § 15.
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