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2017 South Carolina Code of Laws
Title 38 - Insurance
CHAPTER 43 - INSURANCE PRODUCERS AND AGENCIES
Section 38-43-640. Licensee must be owner or employee of facility; insurance that may be sold or offered for sale.
Universal Citation: SC Code § 38-43-640 (2017)
(A) A licensee must be the owner of a self-service rental facility or his employee or agent.
(B) A licensee only may sell or offer to sell insurance in connection with, and incidental to, the rental of a self-storage space in the owner's facility. This insurance only may provide coverage for:
(1) casualty loss of the property contained in the self-storage space;
(2) liability insurance for personal injuries, excluding injuries compensable by workers' compensation, arising on the premises of the individual self-storage space; or
(3) both.
HISTORY: 2014 Act No. 226 (S.1065), Section 1, eff June 2, 2014.
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