§ 27-5-3.3 - Resident agent – Banks.
SECTION 27-5-3.3
§ 27-5-3.3 Resident agent – Banks.– All banks and lending institutions doing business in this state, whether actingunder state or federal authority, which include, but are not limited to: (1) abank, savings bank, or trust company, as defined in this title, its affiliatesor subsidiaries, (2) a bank holding company, as defined in 12 U.S.C. §1841, its affiliates or subsidiaries, (3) mortgage companies, and (4) any otherindividual, corporation, partnership, or association authorized to takedeposits and/or to make loans of money under the provisions of title 19, shallmaintain a resident agent in this state who shall have authority to endorseinsurance claim checks on behalf of those banks and lending institutions.