South Carolina Statutes

§ 38-25-520 — Director agent for service of process on unauthorized insurers.

South Carolina·Title 38 INSURANCE·Ch. 25 UNAUTHORIZED TRANSACTION OF INSURANCE BUSINESS
(a)The issuance and delivery of a policy of insurance or contract of insurance or indemnity to any person in this State or the collection of a premium thereon by an insurer not licensed in this State, as herein required, irrevocably constitutes the director and any successor of his in office the true and lawful attorney in fact upon whom service of any and all processes, pleadings, actions, or suits arising out of the policy or contract in behalf of the insured may be made.
(b)Service of process in this action is made by delivering to and leaving with the director or some person in apparent charge of his office two copies of it and by payment to the director of a fee of ten dollars, of which five dollars must be retained by the director to offset the costs he incurs in service of process

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South Carolina § 38-25-520 (Director agent for service of process on unauthorized insurers.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: Former 1976 Code SECTION 38-52-50 [1947 (45) 322; 1952 Code SECTION 37-265; 1962 Code SECTION 37-265; 1978 Act No. 457 SECTION 1] recodified as SECTION 38-25-520 by 1987 Act No. 155, SECTION 1; 1988 Act No. 366, SECTION 3; 1993 Act No. 181, SECTION 604.

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