Surplus lines licensees may accept business from other agents or brokers
Known as the Surplus Lines Act
The act spans §§ 58-21-1–58-21-95 (29 sections).
1985, c. 688, s. 1; 2001-451, s. 2; 2015-101, s. 5; 2015-281, s. 14; 2022-46, s. 14(y).
(a) A surplus lines licensee may originate surplus lines insurance or accept such insurance from any other duly licensed insurance producer, and the surplus lines licensee may compensate such insurance producer therefor.
(b), (c) Repealed by Session Laws 2015-101 s. 5, effective January 1, 2017.
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.