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Finance Glossary

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Consent To Service Of Process


Consent to Service of Process sounds very dull and wordy... and it is.

If you register as a public company in any given state, the consent to service of process is a form that you (and all parties related to your business) must sign. The form lets the state securities administrator be served legal papers on your behalf. Handy if there's some lawsuit, but otherwise it's just more paperwork to sign.