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N.C. Gen. Stat. § 58-21-105

Penalties

Known as the Surplus Lines Act

The act spans §§ 58–58 (29 sections).

Applied in 1 court decision — leading case 194 N.C. App. 108 - Defeat the Beat, Inc. v. Underwriters at Lloyd's London (2008)

Most recently applied in 194 N.C. App. 108 - Defeat the Beat, Inc. v. Underwriters at Lloyd's London (December 2008)

1985, c. 688, s. 1; 1993, c. 539, s. 450; 1994, Ex

(a) Any surplus lines licensee who in this State represents or aids a nonadmitted domestic surplus lines insurer or a nonadmitted insurer in violation of this Article shall be guilty of a Class 1 misdemeanor.

(b) In addition to any other penalty provided for in this section or otherwise provided by law, including any suspension, revocation, or refusal to renew a license, any person violating any provision of this Article shall be subject to a civil penalty, payment of restitution, or both, in accordance with G.S. 58-2-70.

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.