§ 58-21-90 – Collection of tax.
58-21-90. Collection of tax. All provisions of Chapter 105 of the General Statutes, not inconsistent with this Article, relating to administration, auditing and making returns, the imposition and collection of tax and the lien thereon, assessments, refunds, and penalties, shall be applicable to the tax imposed by this Article; and with respect thereto, the Commissioner […]
§ 58-21-95 – Suspension, revocation or nonrenewal of surplus lines licensee's license.
58-21-95. Suspension, revocation or nonrenewal of surplus lines licensee’s license. The Commissioner may suspend, revoke, or refuse to renew the license of a surplus lines licensee after notice and hearing as provided under G.S. 58-2-70 upon any one or more of the following grounds: (1) Repealed by Session Laws 2019-179, s. 2(e), effective July 26, […]
§ 58-21-100 – Actions against surplus lines insurer; service of process.
58-21-100. Actions against surplus lines insurer; service of process. (a) A surplus lines insurer may be sued upon any cause of action arising in this State, under any surplus lines insurance contract made by it or evidence of insurance issued or delivered by the surplus lines licensee, pursuant to the procedure provided in G.S. 58-16-30. […]
§ 58-21-105 – Penalties.
58-21-105. Penalties. (a) Any surplus lines licensee who in this State represents or aids a nonadmitted domestic surplus lines insurer or a nonadmitted insurer in violation of this Article shall be guilty of a Class 1 misdemeanor. (b) In addition to any other penalty provided for in this section or otherwise provided by law, including […]
§ 58-21-45 – Evidence of the insurance; changes; penalty.
58-21-45. Evidence of the insurance; changes; penalty. (a) As soon as surplus lines insurance has been placed, the producing broker or surplus lines licensee shall promptly deliver the policy to the insured. If the policy is not then available, the broker or licensee shall promptly deliver to the insured a certificate described in subsection (d) […]
§ 58-21-50 – Duty to notify insured.
58-21-50. Duty to notify insured. No contract of insurance placed by a surplus lines licensee under this Article shall be binding upon the insured and no premium charged therefor shall be due and payable until the producing broker or surplus lines licensee notifies the insured in writing, a copy of which shall be maintained by […]
§ 58-21-55 – Valid surplus lines insurance.
58-21-55. Valid surplus lines insurance. Insurance contracts procured under this Article shall be valid and enforceable as to all parties. (1985, c. 688, s. 1.)
§ 58-21-60 – Effect of payment to surplus lines licensee.
58-21-60. Effect of payment to surplus lines licensee. 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 […]
§ 58-21-65 – Licensing of surplus lines license.
58-21-65. Licensing of surplus lines license. (a) For insureds whose home state is this State, no agent or broker licensed by the Commissioner shall directly procure any contract of surplus lines insurance with any nonadmitted domestic surplus lines insurer or nonadmitted insurer, unless he possesses a current surplus lines insurance license issued by the Commissioner. […]
§ 58-21-70 – Surplus lines licensees may accept business from other agents or brokers.
58-21-70. Surplus lines licensees may accept business from other agents or brokers. (a) A surplus lines licensee may originate surplus lines insurance or accept such insurance from any other duly licensed agent or broker, and the surplus lines licensee may compensate such agent or broker therefor. (b), (c) Repealed by Session Laws 2015-101, s. 5, […]