Every insurer shall, before being licensed, appoint in writing the director and his successors in office to be its true and lawful attorney upon whom all legal process in any action or proceeding against it must be served and in this writing shall agree that any lawful process against it which is served upon this attorney is of the same legal force and validity as if served upon the insurer and that the authority continues in force so long as any liability remains outstanding in the State. Copies of the appointment, certified by the director, are sufficient evidence of the appointment and must be admitted in evidence with the same force and effect as the original might be admitted.
HISTORY: Former 1976 Code Section 38-5-70 [1952 Code Section 37-104; 1947 (45) 322; 1962 Code Section 37-104] recodified as Section 38-5-80 and Section 38-5-90 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-5-80 [1947 (45) 322; 1952 Code Section 37-105; 1962 Code Section 37-105] recodified as Section 38-5-70 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 533.
Structure South Carolina Code of Laws
Chapter 5 - Authority And Requirements To Transact Business
Section 38-5-10. Insurers must be licensed and supervised; exceptions.
Section 38-5-30. Kinds of insurance for which an insurer may be licensed.
Section 38-5-40. Kinds of insurance for which life insurer may be licensed.
Section 38-5-50. Certain insurers may not be licensed to write life insurance.
Section 38-5-60. Qualifications to become an approved reinsurer.
Section 38-5-70. Appointment of director as attorney for service of process.
Section 38-5-110. Approval of charters or amendments of charter.
Section 38-5-130. Monetary penalty in lieu of license revocation or suspension.
Section 38-5-140. Opportunity for hearing.
Section 38-5-150. Funds may not be paid during suspension without approval.
Section 38-5-160. Injunction, receivership.
Section 38-5-180. Authority required for insurer to operate in State.