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.
Structure South Carolina Code of Laws
Chapter 25 - Unauthorized Transaction Of Insurance Business
Section 38-25-10. Declaration.
Section 38-25-120. Acting as agent for unauthorized insurer prohibited.
Section 38-25-130. Aiding unauthorized insurer prohibited.
Section 38-25-140. Insurance on out-of-state property by insurer not locally authorized.
Section 38-25-150. Exemptions.
Section 38-25-310. Director authorized to seek restraining order.
Section 38-25-315. Emergency cease and desist orders; penalties.
Section 38-25-320. Penalty for unauthorized insurers.
Section 38-25-330. Penalty for violation of chapter.
Section 38-25-360. Personal liability on contracts of unauthorized insurers.
Section 38-25-510. Service of process on an unauthorized insurer in certain actions.
Section 38-25-520. Director agent for service of process on unauthorized insurers.
Section 38-25-530. Alternative method for service on unauthorized insurer.
Section 38-25-540. Actions by unauthorized insurers.