2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 25 - UNAUTHORIZED TRANSACTION OF INSURANCE BUSINESS
Section 38-25-120 - Acting as agent for unauthorized insurer prohibited.


SC Code § 38-25-120 (2012) What's This?

No person may in this State act as agent for an insurer not authorized to transact business in this State or negotiate for or place or aid in placing insurance coverage in this State for another with an unauthorized insurer.

HISTORY: Former 1976 Code Section 38-52-10 [1947 (45) 322; 1952 Code Section 37-261; 1962 Code Section 37-261; 1978 Act No. 457 Section 1] recodified as Section 38-25-120 by 1987 Act No. 155, Section 1.

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