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§ 224.4 When must a surety corporation appoint a process agent?

31 CFR 224.4

Citation31 CFR 224.4
CorpusDaily eCFR
Displayed edition2026-09-10
Last updated2026-09-10

§ 224.4 When must a surety corporation appoint a process agent?

A surety corporation must appoint a process agent when either the State where the bond is filed or the State where the principal resides is different from the State where the surety corporation is incorporated. In such a case, the surety corporation must appoint a process agent in each such State that is different from the State where the surety is incorporated.