South Carolina Statutes
§ 38-13-360 — Penalty for failure to comply with provisions of article.
South Carolina § 38-13-360
This text of South Carolina § 38-13-360 (Penalty for failure to comply with provisions of article.) 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. § 38-13-360 (2026).
Text
Each insurer who fails to comply with the terms of Sections 38-13-300 through 38-13-350 shall pay a civil penalty of a fine of twenty thousand dollars and thereafter a fine of one thousand dollars daily until the named sections of the article are complied with.
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Legislative History
HISTORY: 1987 Act No. 166, SECTION 17; 1993 Act No. 181, SECTION 537. ARTICLE 5 Report Disclosing Acquisitions and Dispositions of Assets, and Ceded Reinsurance Agreements.
Nearby Sections
15
§ 38-13-1000
Purpose; construction; application.§ 38-13-1010
Definitions.§ 38-13-1030
Rules, regulations, and orders.§ 38-13-1040
Discretion over responses to inquiries; examination of documentation and supporting information.§ 38-13-1060
Retention of third-party consultants.§ 38-13-1070
Penalties.§ 38-13-1080
Effective date of this article.§ 38-13-130
Records of losses and claims.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-13-360, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/13/38-13-360.