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resident agent

   Also found in: Acronyms, Wikipedia 0.01 sec.
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.”


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Chittum III, the resident agent in charge, reflected on what he said was the job of his dreams.
While the total number of surplus lines agents licensed in 2008 saw a minimal increase when compared to 2007, the gap of licensed resident agents to non-resident agents continues to grow In both 2007 and 2008, the number of newly licensed non-resident agents exceeded the number of newly licensed resident agents, and statistics from the first and second quarters of 2009 indicate that this trend will continue.
Murphy, who is listed in documents on file in the Secretary of State's Corporations Division as resident agent of Park Associates Real Estates LLC of 1216 Commonwealth Ave.
 
 
 
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