(a) Every nonresident agent or broker by obtaining a license in the Virgin Islands may be sued in the Virgin Islands in the district of the plaintiff’s property, residence or principal office or place of business upon any cause of action, arising out of or based upon any business or acts done or omitted to be done.
(b) The Commissioner is the attorney in fact of a nonresident agent or broker for the purpose of being served with and accepting service of process in such suits, action or other proceedings. The summons or other process together with a certified copy of the complaint, or other pleading must be served upon the Commissioner in triplicate, and the Commissioner shall immediately mail a true copy registered mail with proper postage affixed properly addressed to the residence of the nonresident agent or broker.
(c) The place of residence of a licensed nonresident agent or broker placed on file with the Commissioner is considered the place of residence until such agent or broker places on file with the Commissioner a written notice stating another place of residence.