Idaho Statutes

§ 26-2928 — APPOINTMENT OF DIRECTOR AS AGENT FOR SERVICE OF PROCESS

Idaho·Title 26 BANKS AND BANKING·Ch. 29 MONEY TRANSMISSION
(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

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Legislative History

[26-2928, added 1994, ch. 410, sec. 1, p. 1295.]

Nearby Sections

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