No person may in this State act as agent for an insurer not authorized to transact business in this State or negotiate for or place or aid in placing insurance coverage in this State for another with an unauthorized insurer.
S.C. Code Ann. § 38-25-120
Acting as agent for unauthorized insurer prohibited
Former 1976 Code SECTION 38-52-10 [1947 (45) 322; 1952 Code SECTION 37-261; 1962 Code SECTION 37-261; 1978 Act No. 457 SECTION 1] recodified as SECTION 38-25-120 by 1987 Act No.…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.