Vermont Statutes Title 11 Sec. 117
Terms Used In Vermont Statutes Title 11 Sec. 117
- Certificate of authority: means a certificate issued by the Secretary of State for a foreign enterprise to transact business in this State. See
- Designated office: means the office that a mutual benefit enterprise or a foreign enterprise is required to designate and maintain under subdivision 117(a)(1) of this title. See
- Entity: means a person other than an individual. See
- Foreign enterprise: means an entity organized in a jurisdiction other than this State under a law similar to this title. See
- Mutual benefit enterprise: means an enterprise organized under this title. See
- Service of process: The service of writs or summonses to the appropriate party.
- State: means a state of the United States, District of Columbia, Puerto Rico, the U. See
§ 117. Designated office and agent for service of process
(a) A mutual benefit enterprise or a foreign enterprise that has a certificate of authority under section 1404 of this title shall designate and continuously maintain in this State:
(1) an office, as its designated office, which need not be a place of the enterprise’s or foreign enterprise’s activity in this State; and
(2) an agent for service of process at the designated office.
(b) An agent for service of process of a mutual benefit enterprise or foreign enterprise shall be an individual who is a resident of this State or an entity that is authorized to do business in this State. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)