Statutory Agent definition

Statutory Agent means an adult person who has been a bona fide resident of this State for at least three years and has agreed to act as agent for a licensee. A Statutory Agent may also be a company.

Statutory Agent means a person who is on file with the corporation commission as the statutory agent.

Statutory Agent means a seller's agent, a buyer's agent, a landlord's agent, a tenant's agent or a designated agent in a real estate transaction.

Examples of Statutory Agent in a sentence

• Statutory Agent: An agent with duties under Delaware statutory law, not common law fiduciary duties.

• Out-of-State Corporations must submit to the Ohio Secretary of State the full name and address of their Statutory Agent in Ohio.

• Michael Low, being a resident of the State of Arizona for at least three (3) years preceding this appointment, do hereby accept appointment as Statutory Agent for Anchor National Life Insurance Company in accordance with the Arizona Revised Statutes until appointment of a successor Statutory Agent and removal.

• Obtain from out-of-state corporations, the name and address of their Statutory Agent.

• Sellers and Buyers acknowledge that the real estate licensee involved in this transaction is a Statutory Agent for the SELLERS ONLY and NOT for the BUYERS and that agency relationship was announced at the beginning of the auction.

More Definitions of Statutory Agent

Statutory Agent or ‘Agent’ means a licensee functioning as principal in an agency relationship created according to Subchapter IV as an independent contractor and not as a fiduciary. The Agent offers products and services to the public to make a market in real estate by bringing buyer and seller, or landlord and tenant together for the transaction and assisting the parties with advice, assistance with negotiations, and performing Ministerial Tasks to complete the transaction. Every Licensee shall be presumed to be a statutory agent and may refer to themselves as agent or statutory agent unless specifically identified as a common law agent in their brokerage agreement.

Statutory Agent means an adult person who has been a

Statutory Agent means an adult person who has been a bona fide

Statutory Agent means the agent of a limited liability company or foreign limited liability company that is authorized to receive service of any process, notice or demand required or permitted by law to be served on the company.

Statutory Agent means a person who is on file with the

Statutory Agent means the statutory agent of a corporation as disclosed by the records of the secretary of state and provided for in sections 1701.07, 1702.06, and 1703.041 of the Revised Code.

Statutory Agent means an adult person who has been a bona fide resident of this state for at least three years and has agreed to act as agent for a licensee a person who is on file with the corporation commission as the statutory agent.