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Simple English definitions for legal terms

resident agent

Read a random definition: canon of inheritance

A quick definition of resident agent:

A resident agent is a person who is authorized to act on behalf of someone else, called the principal. They can do things like sign contracts or make deals for the principal. Sometimes, a resident agent is also called a registered agent. They are important because they help the principal do business without having to be there all the time.

A more thorough explanation:

Definition: A person or company designated to receive legal and official documents on behalf of a business or corporation in a particular state or jurisdiction. This person or company must have a physical address in that state and be available during business hours to receive and sign for important documents.

Example: A company based in California that wants to do business in New York must appoint a resident agent in New York to receive legal and official documents, such as lawsuits or tax notices, on behalf of the company. The resident agent must be available during business hours to receive and sign for these documents.

Explanation: The example illustrates how a resident agent is necessary for a business to operate in a state where it is not physically located. The resident agent serves as a point of contact for legal and official documents, ensuring that the business is aware of any important information or legal proceedings. Without a resident agent, a business may miss important deadlines or fail to respond to legal actions, which can result in serious consequences.

resiant | resident alien

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

starfishies

16:27

is that fr ive never heard that before thats kinda wild

starfishies

16:27

this cycle is crazy i feel like double deposit is warranted in a lot of cases

[] c0bra1

16:28

id be down to double to get more time to choose but i think for the factors that i listed it would be unlikely for those to change in a significant way

[] c0bra1

16:28

from what ive understood villanova's 3rd market is nyc but the philly ip market is a little small, most of the ppl i talked to had WE in tech first and thats how they got related roles in 1L/2L

[] c0bra1

16:29

they're just so similar on the balancing scale that im second guessing in case im overtly wrong on one of them...but then again all my friends say to quit whining and pick cardozo lol

starfishies

16:30

ngl still a tough decision

starfishies

16:30

but if youre trying to end up in nyc ultimately it seems like the more obvious answer

[] c0bra1

16:31

yeahh thats what it keeps boiling down to lol

[] c0bra1

16:31

i think it would be easier for me to pick nova if the col in nyc wasn't something i was ready for but that's not a problem for me

starfishies

16:31

okay money man

[] c0bra1

16:31

more like i anticipated a way better application and intended to get into fordham lol

starfishies

16:31

you have until the 15th right i feel like u already know what your answer is

[] c0bra1

16:31

yeaaa

starfishies

16:31

i also have a weekly deposit meltdown its okay

[] c0bra1

16:31

hence why i do this little dance every weekend

[] c0bra1

16:32

LOL

starfishies

16:32

my family is sick of me

[] c0bra1

16:32

who knows maybe nyu will be so nice and let me in this week or next and then all my problems will be solved

starfishies

16:33

lol right same

uglyostrich

17:05

im freaking out what if i dont get in anywhere

[] c0bra1

17:27

@uglyostrich: don't worry i called all your schools and they said you're getting into at least 2 places

CheeseIsMyLoveLanguage

17:36

@c0bra1: https://www.lsac.org/about/lsac-policies/statement-good-admission-and-financial-aid-practices

CheeseIsMyLoveLanguage

17:37

Scroll down to commitments.

CheeseIsMyLoveLanguage

17:38

To me it seems that if you don't have all your responses yet (which all schools know it has been a crazy cycle), then you shouldn't be penalized if you put down a deposit, get a response from another school, and choose to go that direction. If the school is stinky about it, it seems you would have some recourse through LSAC

[] c0bra1

17:54

swag yeah thats cool i think ill most likely just deposit at dozo to save myself the constant back-and-forth on the decision -- i dont think ive had a conversation yet where i end up choosing nova despite my best to advocate for it lol

[] c0bra1

17:55

like i said earlier i think if the col was an issue for me id probably pick nova but my heart has always been set on ny and i think id be fine over there

llama

18:37

@c0bra1: Cardozo is such a sleeper holy. Bro NYC Market > most other markets. If u wanna end in NY, it is such a good value prop

llama

18:38

NYC is such a powerhouse of a city/region.

uglyostrich

19:11

@c0bra1: tell villanova to let me innnn

[] c0bra1

20:35

@uglyostrich: calling them rn 📲

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