Laws of North Carolina (Last Updated: May 12, 2015) |
Chapter58. Insurance. |
Article21. Surplus Lines Act |
§58-21-60. Effect of payment to surplus lines licensee
Latest version.
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A payment of premium to a surplus lines licensee acting for a person other than himself in negotiating, continuing, or reviewing any policy of insurance under this Article shall be deemed to be payment to the insurer, notwithstanding any conditions or stipulations inserted in the policy or contract.
(1985, c. 688, s. 1.)