Chapter

Managing General Agents Act

S.C. Code Ann. § 38-44-10— Short title
S.C. Code Ann. § 38-44-20— Definitions
S.C. Code Ann. § 38-44-30— License required to act as managing general agent; bond requirements
S.C. Code Ann. § 38-44-40— Contract required for managing general agent to place business with insurer; minimum provisions of contract
S.C. Code Ann. § 38-44-50— Examination and review of managing general agent by insurer; authority to assume insurance contracts or syndicates rests with insurer; notice of entering into or terminating contract with managing general agent; review of agents of insurer to determine if agents have become managing general agents; appointment of managing general agent to board of directors of insurer prohibited
S.C. Code Ann. § 38-44-60— Acts of managing general agent as acts of insurer; managing general agent examined as insurer
S.C. Code Ann. § 38-44-70— Penalties for violations of chapter; judicial review; imposition of other penalties not affected; rights of policyholders, claimants, and auditors not affected