(1) Each registered agent designated by a transient merchant in the application for a permit shall be a resident of the state and shall be agent of the transient merchant upon whom any process, notice, or demand required or permitted by law to be served upon the transient merchant may be served. The registered agent shall agree in writing to act as such agent and a copy of the agreement to so act shall be filed with the application for a permit. (2) If any transient merchant doing business or having done busine ss in any county within the state shall fail to have or maintain a registered agent in the state or if such registered agent cannot be found at his permanent address, the Secretary of State shall be agent of such transient merchant for service of all proce ss, notices or demands.
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