Resident agent

{
  "id": "MLC-T-INS-002909",
  "term": "Resident agent",
  "field": "Insurance and risk management",
  "definition": "An insurance agent whose home state is the state that issued the license, because the agent resides or has a principal place of business there. The resident license is the base for nonresident licenses in other states, which most states grant on the strength of the home license and a fee. Resident status also determines which state's continuing education requirements the agent follows.",
  "url": "https://mlchart.com/terminology/insurance/resident-agent/"
}