West Virginia Statutes

§ 33-12C-14 — Effect of payment to surplus lines licensee

West Virginia·Ch. 33  INSURANCE·Art. 12C SURPLUS LINE
A payment of premium to a surplus lines licensee acting for a person other than itself in procuring, continuing or renewing any policy of insurance procured under this section shall be deemed to be payment to the insurer, whatever conditions or stipulations may be inserted in the policy or contract notwithstanding.

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Legislative History

2003 Reg. Sess., HB2715; 2002 Reg. Sess., HB4497

Nearby Sections

15
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