A nonresident principal executes a power of attorney. What must be true of the designated agent for it to be accepted?
- The agent must be a resident and authorized to accept service of process against the nonresident
- The agent must post a bond
- The agent must be an officer of the principal
- The agent must be a licensed broker
Show the answer
A. The agent must be a resident and authorized to accept service of process against the nonresident
A power of attorney executed by a nonresident principal is not accepted unless the designated agent is a resident and is authorized to accept service of process against the nonresident.
Source: 19 CFR 141.36
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