Idaho Code 26-2928 – Appointment of Director as Agent for Service of Process
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(1) Any licensee, authorized representative or other person who knowingly engages in business activities that are regulated under the provisions of this chapter, with or without filing an application, is deemed to have done both the following:
(a) Consented to the jurisdiction of the courts of this state for all actions arising under the provisions of this chapter; and
(b) Appointed the director as his lawful agent for the purpose of accepting service of process in any action, suit or proceeding that may arise under the provisions of this chapter.
(2) Within three (3) business days after service of process upon the director, the director shall transmit by certified mail copies of all lawful processes accepted by the director as an agent to that person at his last known address. Service of process shall be considered complete three (3) business days after the director deposits copies of the documents in the United States mail.
Terms Used In Idaho Code 26-2928
- Authorized representative: means an entity designated by the licensee under the provisions of this chapter to sell or issue payment instruments or engage in the business of transmitting money on behalf of a licensee. See Idaho Code 26-2902
- Director: means the director of the department of finance. See Idaho Code 26-2902
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Licensee: means a person licensed under the provisions of this chapter. See Idaho Code 26-2902
- Person: means any individual, partnership, association, joint stock association, limited liability company, trust or corporation. See Idaho Code 26-2902
- Service of process: The service of writs or summonses to the appropriate party.
- State: means the state of Idaho. See Idaho Code 26-2902