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Legal Definitions - customer's person
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Definition of customer's person
A customer's person is a representative who acts on behalf of another person. This can include a registered representative who sells securities to the public or an accredited representative who has been granted authority to act on behalf of a group or organization.
For example, a registered representative approved by the SEC and stock exchanges can sell securities to the public. This person is also known as a customer's man or customer's person. Another example is a class representative who sues on behalf of a group of plaintiffs in a class action lawsuit.
These examples illustrate how a customer's person can act on behalf of another person or group, with designated authority granted by law or by the rules of the organization.
Success in law school is 10% intelligence and 90% persistence.
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Simple Definition
A customer's person is someone who represents or acts on behalf of another person, group, or organization. This can include a registered representative who sells securities to the public, an executor who manages the legal affairs of someone who has passed away, or a class representative who sues on behalf of a group of plaintiffs in a class action. Essentially, a customer's person is someone who is authorized to act on behalf of someone else.
You win some, you lose some, and some you just bill by the hour.
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