What are the requirements for serving as a registered agent in South Carolina?

In order to serve as a registered agent in South Carolina, an individual or business entity must meet several requirements. Firstly, the registered agent must have a physical address within the state where they can be reached during normal business hours. Additionally, the registered agent must be available to accept legal documents and official notices on behalf of the business they represent. It is important for the registered agent to be reliable and have the necessary knowledge to handle legal matters. Non-residents are also allowed to serve as registered agents as long as they have a physical address within South Carolina. Failure to comply with the requirements may result in penalties or the revocation of a company's good standing status.