Real Estate Law
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Yes, it's perfectly acceptable for a board member to be the registered agent and to designate their address as the registered address for your entity. This does not make the board member personally liable; it simply designates that board member as the person designated by the entity to receive notice and where. That's all; the only burden on the board member is then to notify the board of any notices received at the board members address as the registered agent.
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An alternative is to use a professional entity to fill that role. There are professional entities that serve the purpose of acting as registered agent and principal address for you. The best, ***** ***** view, are CT Corp (https://ct.wolterskluwer.com/) and Capitol Services (https://www.capitolservices.com/registeredagent.aspx).