Plain English Breakdown
Checked against official source text during the last sync.
Principal Offices for Limited Liability Companies and Corporations
This bill allows limited liability companies and corporations to use their registered agent's address as their principal office but requires them to provide the Department of State with a physical address of an officer or manager.
What This Bill Does
- Allows limited liability companies and foreign limited liability companies without a principal office to designate their registered agent’s address as their principal office.
- Requires limited liability companies that use their registered agent's address as their principal office to give the Department of State the physical address of a named member or manager.
- Permits domestic corporations and foreign corporations without a principal office to choose their registered agent’s address as their principal office.
- Necessitates that corporations using their registered agent's address as their principal office provide the Department of State with the physical address of an officer or director.
Who It Names or Affects
- Limited liability companies and foreign limited liability companies
- Domestic corporations and foreign corporations
Terms To Know
- Registered agent
- A person or company designated to receive legal documents on behalf of a business.
- Principal office
- The main address where the primary activities of a business take place, as defined by law.
Limits and Unknowns
- This bill only affects companies and corporations registered in Florida.
- It does not specify what happens if a company fails to provide the required physical address.
- The effective date is July 1, 2026.