Series 63 practice questionmediumService of Process—Notice
If legal action is taken against a registered agent, the Administrator serves process under the consent to service and must:
- ASend notice to the agent by registered or certified mail✓ Correct answer
- BMake a public announcement only
- CContact the agent by phone
- DWait for the agent to request notification
Explanation
Why A — Send notice to the agent by registered or certified mail
Section 414(g) requires notice be sent by registered or certified mail to the address on record. Public announcement, phone contact, or waiting for request is not sufficient.
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