551A.7 Service of process — irrevocable consent.
A seller shall file an irrevocable consent with the secretary of state. The seller shall file the irrevocable consent prior to executing a business opportunity contract or engaging in the sale of a business opportunity in this state. The irrevocable consent shall appoint the secretary of state to be the seller’s attorney to receive service of any lawful process in a noncriminal suit, action, or proceeding against the seller or the seller’s successor, executor, or administrator which arises under this chapter after the irrevocable consent has been filed. The irrevocable consent shall have the same force and validity as if the seller were served service of process personally.
2004 Acts, ch 1104, §20, 30
Referred to in §551A.3
Structure Iowa Code
Chapter 551A - BUSINESS OPPORTUNITY PROMOTIONS
Section 551A.3 - Disclosure documents — contracts.
Section 551A.4 - Exemptions from requirements — burden of proof.
Section 551A.5 - Waiver of rights.
Section 551A.6 - Cancellation of contract.
Section 551A.7 - Service of process — irrevocable consent.
Section 551A.8 - Liability — remedies.