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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.”
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The supposed conflict concerns the possibility of foreign trademark applications with the International Property Office being automatically granted protection in the country without the World Intellectual Property Organization (WIPO) designating the resident agents required by Section 125 of the IP Code.
In addition, the government agents carry out spatial allocation constraints on land-use change in the bottom-up process when the government department agents and resident agents make attempts to select land units.
A recent survey by the Florida Surplus Lines Service Office (FSLSO) revealed that 25 percent of Florida's resident agents write multi-state risks.
"This regulation will make it much easier for New York resident agents and brokers, as well as non-residents with New York licenses, to use out-of-state and electronic banks in their businesses," said IIABNY Chair of the Board, David M.
The appendices make up the remaining two-thirds and contain selected Nevada statutes and fee schedules, state addresses, a list of Nevada resident agents, and blank forms needed for incorporation.
He said of the state police and the local FBI, "We've always had a good relationship" with Agent Grady, continuing the tradition of previous FBI senior resident agents Thomas G.
Licensing laws for resident agents vary from state to state.
The most illuminating section considers the types of agents and brokers involved in trafficking, with four types predominating: locally resident agents (often respected community members with influential social connections); agents working for clubs and bar owners in Thai urban centres; agents who send women abroad (many of them former sex workers); and agents with connections in particular countries, some of these being licensed labour-exporting companies.
In 2004, there were 65 new surplus lines agents, 57 of them resident agents and eight non-resident agents.
District Court for the Northern District of Florida granted the Council's motion for summary judgment "because the statutes plainly draw a distinction between Florida-licensed resident agents and Florida-licensed nonresident agents, and because there is no legitimate rational basis for any such distinction."
States have a variety of license laws for resident agents and require nonresidents to obtain several licenses.

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