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resident agent |
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Resident Agent A person who is licensed to sell insurance in the state in which he/she lives. Because most insurance is regulated at the state level, state agents are registered on a state-by-state basis. resident agent A name given in some states to the person authorized by law to accept service of process (lawsuits,for example) for a corporation or other artificial person.There are many commercial services that will provide this service for companies.Also called “registered agent for service.”Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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