A surplus lines broker may place a policy or endorsement providing flood insurance coverage to an eligible surplus lines insurer without making a diligent effort to seek such coverage from one or more admitted insurers required pursuant to Section 38-45-90.
S.C. Code Ann. § 38-101-70
Surplus lines broker; placement of policy providing flood insurance to eligible surplus lines insurer
2020 Act No. 166 (S.882), SECTION 2, eff November 27, 2020.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.