(a)        A surplus lines licensee may originate surplus lines insurance or accept such insurance from any other duly licensed insurance producer, and the surplus lines licensee may compensate such insurance producer therefor.

(b), (c) Repealed by Session Laws 2015-101 s. 5, effective January 1, 2017. ?(1985, c. 688, s. 1; 2001-451, s. 2; 2015-101, s. 5; 2015-281, s. 14; 2022-46, s. 14(y).)

Terms Used In North Carolina General Statutes 58-21-70

  • Surplus lines insurance: means any insurance in this State of risks resident, located, or to be performed in this State, permitted to be placed through a surplus lines licensee with a nonadmitted domestic surplus lines insurer or a nonadmitted insurer eligible to accept such insurance, including salary protection insurance. See North Carolina General Statutes 58-21-10
  • Surplus lines licensee: means a person licensed under N. See North Carolina General Statutes 58-21-10
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