
Bill Description: House Bill 582 would allow LLC filers to provide the street and mailing addresses of the company's commercial registered agent rather than their own personal address.
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Does it increase barriers to entry into the market? Examples include occupational licensure, the minimum wage, and restrictions on home businesses. Conversely, does it remove barriers to entry into the market?
Idaho code requires a person or persons forming an LLC to provide “the street and mailing addresses of the company's principal office” to the Secretary of State. This information becomes publicly available.
House Bill 582 would amend Section 30-25-201, Idaho Code, to allow LLC filers to provide “the street and mailing addresses of the company's commercial registered agent” in lieu of requirement above.
This change would make it possible for someone to form an LLC without either acquiring commercial office space or publicly disclosing their home address.
NOTE: Section 30-25-201, Idaho Code, also requires providing, among other information, “the name and mailing address of at least one (1) governor of the company,” so the identity and contact information for the (or a) person filing the LLC is still publicly available. While this bill would provide an opportunity to shield one’s home address, it does not provide the same level of anonymity available when registering an LLC in Wyoming.
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