§33-12C-14. Effect of payment to surplus lines licensee.
51 words·~1 min read·
/wv/chapter-33-insurance/article-12c-surplus-line/33-12c-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.