Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 38 - INSURANCEChapter 43 - INSURANCE PRODUCERS AND AGENCIES
Article 1 - GENERAL PROVISIONS
Section 38-43-180 - Personal liability of producers for selling policy of unlicensed insurer

S.C. Code § 38-43-180

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Current through 2024 Act No. 225.
Section 38-43-180 - Personal liability of producers for selling policy of unlicensed insurer

Every insurance producer who sells an insurance policy written or issued by an insurer not licensed to do business in this State is personally liable for the limits of the coverage provided for in the policy if the producer fails to comply with the provisions of this title relating to policies issued by insurers not licensed to do business in this State.

S.C. Code § 38-43-180

2002 Act No. 323, Section 2, eff 1/31/2003; 1962 Code Section 37-250.1] recodified as Section 38-43-180 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-51-200 [1960 (51) 1630.