Revised Laws of Saint Lucia (2021)

88.   Registered agent desiring to resign

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    (1)   Where the registered agent of an international limited partnership desires to cease to act as registered agent and is unable to reach an agreement with the international limited partnership for which he or she is registered agent concerning his or her replacement, the following provisions apply —

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      (a)     the registered agent shall give not less than 90 days written notice to at least one international partner of the international limited partnership of which he or she is the registered agent at the international partner's last known address specifying his or her wish to resign as registered agent;

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      (b)     the registered agent shall submit to the Registrar a copy of the notice;

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      (c)     if, at the time of expiry of the notice, the international limited partnership has not caused to be registered a supplementary memorandum to change its registered agent, the registered agent shall inform the Registrar in writing that the international limited partnership has not changed its registered agent and the Registrar shall publish a notice in the Gazette that the name of the international limited partnership will be struck off the Register, unless within 30 days from the date of the publication of the notice in the Gazette there is registered with the Registrar a supplementary memorandum to change its registered agent; and

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      (d)     if within 30 days from the date of the publication of the notice referred to in paragraph (c) there has not been registered with the Registrar a supplementary memorandum to change the registered agent, the Registrar shall strike the name of the international limited partnership off the Register and shall publish in the Gazette a notice that the name of the international limited partnership has been struck off.

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    (2)   Where the licence of a registered agent pursuant to the Registered Agent and Trustee Licensing Act has been revoked, has not been renewed or has expired due to the death of the registered agent —

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      (a)     the Director, shall notify the Registrar forthwith;

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      (b)     the Registrar shall forthwith send a notice, by registered mail to any partner of the international limited partnership whose registered agent's licence has been revoked, has not been renewed or has expired by reason of the death of the registered agent, specifying that unless within 90 days of the date of the notice there is filed with him a supplementary memorandum to change its registered agent, the name of the international limited partnership shall be struck off the Register; and

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      (c)     if, at the expiry of the 90 days specified in paragraph (b) there shall not have been filed a supplementary memorandum to change its registered agent, the Registrar shall strike the name of the international limited partnership off the Register and shall publish a notice in the Gazette to that effect.

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    (3)   An international limited partnership that has been struck off the Register pursuant to this section remains liable for all claims, debts, liabilities and obligations of the international limited partnership, and the striking-off does not affect the liability of any of its partners.