Georgia Pre Registration
Ensure that the agent is not a designated agent for an LLC or DBA. Designated brokers are registered with the nation during the time that the business is open.
Georgia Power of Attorney enables agents to act on behalf or in place of a leader. Principals can be individuals, corporations, LLC's, or even a partnership. This service is often known as'pre-screening.' The broker receives a legal authorization to act on behalf of the principal. As an addendum to the Georgia Rules of Professional Conduct, an agent must:
Ensure that the Georgia Power of Attorney is not employed for a purpose that is improper. As an example, a individual might start a brokerage or bookkeeping practice in the title of the principal without obtaining a state permit. A company can be managed by an unincorporated limited liability company name. In cases like this, the broker is actually working for the LLC and not the principal. If the principal becomes bankrupt, the agent might no longer be authorized to act on his or her behalf.
The agent should make sure that the main maintains effective communication with her or him. It's essential that the principal receive timely notifications of filings, and notifications should reach the lawyer at least 15 days prior to the filing. If a principal doesn't respond timely to communications from the attorney, the Power of Attorney may be revoked.
Make sure that the agent is not a designated agent for an LLC or DBA. Designated agents are registered with the nation throughout the time that the company is open. This usually means that the agent will appear on the publications as the main. The problem occurs if the company closes while the broker has an LLC or DBA status. The result is that the individual who was listed as the main will look as the'representative' on the books.
After the registration is finished, company owners will have to file state and federal forms. These forms are available online. Directions and complete templates for completing these forms are supplied. Business owners may also be able to get printed copies of the forms. All documents and registrations should be submitted to the Georgia Secretary of State by the close of the business year.
Because the registration allows a business owner to save money and time, most business owners choose to do it. Unfortunately, not all agents create a smooth process. When an agent creates difficulties, a business owner may want to think about hiring a more experienced practitioner. While this type of service is not normally required, it may help smooth out any possible complications during the enrollment process.