Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense.

1. Law
2. South Carolina Code of Laws
3. Insurance
4. Capital, Surplus, Reserves, And Other Financial Matters
5. Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense.

The director may retain actuaries, investment experts, attorneys, and other consultants whom he considers necessary to enforce the provisions of this article. The fees, costs, and expenses of those actuaries, experts, attorneys, and other consultants must be borne by the affected licensee or other related or affiliated parties as required by the director.

HISTORY: 1996 Act No. 254, Section 2; 2014 Act No. 164 (S.908), Section 7, eff January 1, 2015.

Effect of Amendment

2014 Act No. 164, Section 7, substituted "licensee" for "insurer".

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