Authority And Requirements To Transact Business

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Authority And Requirements To Transact Business

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Section
38-5-10

Insurers must be licensed and supervised; exceptions.

Section
38-5-20

Certain charitable, religious, and other corporations authorized to issue annuities or pay lump-sum benefits without being subject to insurance laws.

Section
38-5-30

Kinds of insurance for which an insurer may be licensed.

Section
38-5-40

Kinds of insurance for which life insurer may be licensed.

Section
38-5-50

Certain insurers may not be licensed to write life insurance.

Section
38-5-60

Qualifications to become an approved reinsurer.

Section
38-5-70

Appointment of director as attorney for service of process.

Section
38-5-80

Additional requirements for issuance of certificate or license to domestic insurer; grounds for revocation or suspension of license.

Section
38-5-90

Additional requirements for issuance of certificate or license to foreign or alien insurer; grounds for revocation or suspension of license.

Section
38-5-100

Foreign or alien insurers with names identical with or similar to others not qualified.

Section
38-5-110

Approval of charters or amendments of charter.

Section
38-5-120

Revocation or suspension of certificate of authority; publication of notice; hearing.

Section
38-5-130

Monetary penalty in lieu of license revocation or suspension.

Section
38-5-140

Opportunity for hearing.

Section
38-5-150

Funds may not be paid during suspension without approval.

Section
38-5-160

Injunction, receivership.

Section
38-5-170

Continuation of certificate of authority and other approvals pertaining to foreign insurer transferring its corporate domicile by merger or consolidation.

Section
38-5-180

Authority required for insurer to operate in State.

Section
38-5-190

Copy and reproduction of records; effect and admissibility into evidence of printed reproduction.

Section
38-5-200

Required use of particular insurance premium finance company or other installment plan prohibited; other prohibited acts.