Friday, July 27, 2007

Service of Process on Banks

The new legislative session had an amendment to the manner in which the process server may serve on banks, which may have an impact on garnishment actions. The text of the bill is here. Basically, it can be served on the registered agent, but if there is not a valid registered agent, service may be completed on a president or any branch manager located within the state. For credit unions, it is the registered agent or president/VP if there is no registered agent. The previous process merely referred to an "officer" of the bank.

No comments: