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Section 37-25A-9 - Appointment of director as agent for service of process--Procedure for servicethrough director.

37-25A-9. Appointment of director as agent for service of process--Procedure for service through director. Every seller shall file, in a form the director of the Division of Securities prescribes, an irrevocable consent appointing the director or the successor in office to be the seller's agent to receive service of any lawful process in any noncriminal suit, action or proceeding against the seller or the seller's successor or personal representative which arises under this chapter, with the same force and validity as if served personally on the person filing the consent. Service may be made by leaving a copy of the process in the office of the director, but is not effective unless the plaintiff or petitioner, who may be the director or the attorney general in a suit, action or proceeding, sends notice of the service and a copy of the process forthwith by registered mail to the defendant's or respondent's address on file with the director, and the plaintiff's affidavit of compliance with this section is filed in the case on or before the return date of the process, if any, or within such further time as the court allows.

Source: SL 1985, ch 305, § 9.

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