South Carolina Statutes
§ 38-43-640 — Licensee must be owner or employee of facility; insurance that may be sold or offered for sale.
(A)A licensee must be the owner of a self-service rental facility or his employee or agent.
(B)A licensee only may sell or offer to sell insurance in connection with, and incidental to, the rental of a self-storage space in the owner's facility. This insurance only may provide coverage for:
(1)casualty loss of the property contained in the self-storage space;
(2)liability insurance for personal injuries, excluding injuries compensable by workers' compensation, arising on the premises of the individual self-storage space; or (3) both.
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South Carolina § 38-43-640 (Licensee must be owner or employee of facility; insurance that may be sold or offered for sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2014 Act No. 226 (S.1065), SECTION 1, eff June 2, 2014.
Nearby Sections
15
§ 38-43-10
Persons considered producers of insurers; excess and surplus lines brokers; using assumed name.§ 38-43-100
Individual and agency insurance producer licensing; written examinations; contents of license.§ 38-43-101
Insurance producer applicants licensed in another state; qualifying standards; application process.§ 38-43-106
Continuing education requirements; administrator; advisory committee; exemptions from requirements.§ 38-43-160
Unlawfully representing unlicensed insurer.§ 38-43-20
Producer's license required; exceptions.§ 38-43-210
Selling stock in insurer.