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In United States business law, a registered agent, also known as a resident agent or statutory agent, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons. The registered agent's address may also be where the state sends the paperwork for the periodic renewal of the business entity's charter. The registered agent for a business entity may be an officer or employee of the company, or a third party, su
Courts also recognize three different types of agency relationships: 1  Universal agency: The agent can act for the principal in all or nearly all matters. A person who holds power of attorney to act for another person, such as an incapacitated family member, is generally seen as a universal agent. General agency: The agent can act for the principal in a variety of ways, but only for a certain period of time and often only on one project. A general agentâs powers are less broad than those of a universal agent, but more broad than those of a special agent.