Reciprocal Insurance

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Reciprocal Insurance

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Section
38-17-10

Subscribers authorized to exchange reciprocal or interinsurance contracts.

Section
38-17-30

Verified declaration to be filed with Director.

Section
38-17-40

Maximum liability of subscribers.

Section
38-17-50

Deposit of securities.

Section
38-17-60

Director shall be appointed agent for service of process on exchanges.

Section
38-17-70

Annual certificate of authority.

Section
38-17-80

Domestic corporations may exchange reciprocal or interinsurance contracts.

Section
38-17-90

Maximum indemnity on fire risk; statement required.

Section
38-17-100

Maintenance of assets and guaranty fund.

Section
38-17-110

"Net annual advance premiums or deposits" defined.

Section
38-17-120

Disposition of funds advanced to make up deficiencies.

Section
38-17-130

Exchanges may sue and be sued.

Section
38-17-140

Exchanges subject to examinations.

Section
38-17-150

Annual report of business.

Section
38-17-160

Fees, taxes, and bond of attorney.

Section
38-17-170

Violations of chapter; conditional permit to organize.