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S.C. Code Ann. § 38-15-80

Persons considered agents of surety insurers

Former 1976 Code SECTION 38-13-100 [1947 (45) 322; 1952 Code SECTION 37-610; 1962 Code SECTION 37-610] recodified as SECTION 38-15-80 by 1987 Act No. 155, SECTION 1.

A person is considered as acting agent for a surety insurer established in another state when he represents the insurer by:

(a) receiving or transmitting applications for suretyship,

(b) receiving for delivery bonds founded on applications forwarded from this State, or

(c) procuring suretyship to be effected by the insurer upon the bonds of this State or upon bonds given to persons in this State.

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