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Series 63: Remedies & Administrative Provisions
Series 63 practice questionmediumAdministrator Actions—Consent & Effectiveness

An agent at William Blair is registered in States Q and R. The agent files a consent to service of process in State Q, but not in State R. What is the MOST LIKELY outcome if the Administrator in State R seeks to bring an administrative action?

  1. AThe action is invalidated until the consent is filed in State R.
  2. BThe Administrator in State R may proceed, as filing is a prerequisite of registration.✓ Correct answer
  3. CThe Administrator must file a separate lawsuit in State Q.
  4. DThe agent is subject only to civil liability, not administrative action, in State R.
Explanation

Why BThe Administrator in State R may proceed, as filing is a prerequisite of registration.

B is correct: The consent to service is required for registration in each state; if the agent is registered in R, consent must have been filed. The Administrator can proceed. A is incorrect because registration would not be effective without the consent. C and D misstate jurisdiction.

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