Iowa Registered Agent Required for Limited Partnerships

Posted on July 19, 2016 by James Gilmer in Business Compliance, Industry News.

Effective July 1, 2016, Iowa requires a limited partnership to have a registered agent for service of process. Iowa House Bill 2373 was signed into law by Iowa Governor Terry Branstad on April 21, 2016. The bill became effective July 1, 2016.

Per the bill, domestic and foreign limited partnerships “shall designate and continuously maintain” both a registered office, which need not be its place of activity, and a registered agent for service of process. The registered agent must be a resident of Iowa or a person or entity authorized to do business in the state of Iowa.

When is an Iowa Registered Agent now required for a LP?

Limited partnerships currently registered with the Iowa Secretary of State must designate a registered agent on their next biennial statement. Failure to file biennial statements can result in penalties and administrative dissolution of the entity. A registered agent and office can be appointed in the meantime by filing a Statement of Change of Registered Office and/or Registered Agent and including a $20 filing fee.

Harbor Compliance provides flat-rate Iowa registered agent service for all business entity types, and to law and accounting firms across the country. Contact us to appoint us as your reliable Iowa registered agent.

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