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2023 South Carolina Code of Laws
Title 38 - Insurance
Chapter 45 - Insurance Brokers And Surplus Lines Insurance
- Section 38-45-10. Definitions.
- Section 38-45-20. Requirements for resident to be licensed as an insurance broker.
- Section 38-45-30. Requirements for nonresident to be licensed as an insurance broker.
- Section 38-45-35. Applicant's business and residence address required; notice of change of address required.
- Section 38-45-40. Reciprocal agreements as to licensing nonresidents.
- Section 38-45-50. Duration of broker's license; nonpayment of license fee.
- Section 38-45-55. Revenue.
- Section 38-45-60. Accounting of state portion of broker's premium tax rate payment collected; distribution from earmarked fund.
- Section 38-45-70. Effect of broker's license; municipal license fees.
- Section 38-45-80. Brokers to keep records of business done, furnish to director for inspection.
- Section 38-45-90. Duties of brokers placing business with nonadmitted insurers; statements and reports; due diligence.
- Section 38-45-100. Brokers may divide commissions.
- Section 38-45-110. Warning stamped on policies of eligible surplus lines insurer.
- Section 38-45-120. Personal liability of broker on policy of unlicensed insurer.
- Section 38-45-130. Adjustment of losses; inspections and endorsements.
- Section 38-45-140. Revocation of license of broker.
- Section 38-45-150. Penalties.
- Section 38-45-160. Brokers policy fees.
- Section 38-45-170. Appointment of director as attorney for service of legal process, for eligible surplus lines insurers.
- Section 38-45-180. Authority of department.
- Section 38-45-190. Authority of director.
- Section 38-45-195. Collecting taxes for all risks placed in surplus lines market.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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