Any clause in any policy of insurance purporting or undertaking to limit or invalidate the force of the policy in case of encumbrance by real estate mortgage of the property insured by the policy is void.
S.C. Code Ann. § 38-75-50
Clause limiting or invalidating policies if property is encumbered is void
Former 1976 Code SECTION 38-9-210 [1947 (45) 322; 1952 Code SECTION 37-156; 1962 Code SECTION 37-156] recodified as SECTION 38-75-50 by 1987 Act No. 155, SECTION 1.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.