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Florida – Bill Permits Financial Institutions to Designate Registered Agent Location

Senate Bill 1104 (Chapter 2016-180) signed by the governor April 11 and effective January 1, 2017 permits a financial institution authorized by state or federal law to designate with the Department of State a place or registered agent as the sole location to receive service of process. If a financial institution has no registered agent, service may be made to any officer, director or business agent at its principal place of business or any other branch, office or place of business in Florida.