South Carolina Statutes
§ 38-75-50 — Clause limiting or invalidating policies if property is encumbered is void.
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.
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South Carolina § 38-75-50 (Clause limiting or invalidating policies if property is encumbered is void.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 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.
Nearby Sections
15
§ 38-75-1000
Restrictions on amount of commission.§ 38-75-1110
Purpose.§ 38-75-1120
Report on coastal insurance issues.§ 38-75-1130
Scope of article.