South Carolina Statutes
§ 38-12-80 — Asset valuation.
South Carolina § 38-12-80
This text of South Carolina § 38-12-80 (Asset valuation.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 38-12-80 (2026).
Text
For purposes of this chapter, the value or amount of an investment acquired or held, or an investment practice engaged in pursuant to this chapter, unless otherwise specified in this title, must be the value at which assets of an insurer are required to be reported for statutory accounting purposes as determined in accordance with procedures prescribed in published accounting and valuation standards of the NAIC.
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Legislative History
HISTORY: 2002 Act No. 319, SECTION 2, eff June 3, 2002.
Nearby Sections
15
§ 38-12-10
Short title.§ 38-12-20
Scope of chapter.§ 38-12-210
Scope of article.§ 38-12-220
Restrictions on investments.§ 38-12-250
Equity interests in domestic business entities; percentage of assets limitation; short sales.§ 38-12-270
Mortgage loans; real estate.§ 38-12-290
Foreign investments.§ 38-12-30
Definitions.§ 38-12-300
Derivative transactions.§ 38-12-310
Life insurer loan to policyholder.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-12-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/12/38-12-80.