South Carolina Statutes
§ 38-17-50 — Deposit of securities.
South Carolina § 38-17-50
This text of South Carolina § 38-17-50 (Deposit of securities.) 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. § 38-17-50 (2026).
Text
The director or his designee shall require every reciprocal exchange to provide security deposits pursuant to Sections 38-9-80 to 38-9-140 as required for other insurers doing business in this State.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-17-50 [1962 Code SECTION 37-566; 1972 (57) 2776] recodified as SECTION 38-29-50 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-45-50 [1947 (45) 322; 1952 Code SECTION 37-805; 1962 Code SECTION 37-805; 1964 (53) 2054] recodified as SECTION 38-17-50 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 543.
Nearby Sections
15
§ 38-17-100
Maintenance of assets and guaranty fund.§ 38-17-130
Exchanges may sue and be sued.§ 38-17-140
Exchanges subject to examinations.§ 38-17-150
Annual report of business.§ 38-17-160
Fees, taxes, and bond of attorney.§ 38-17-40
Maximum liability of subscribers.§ 38-17-50
Deposit of securities.§ 38-17-70
Annual certificate of authority.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-17-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/17/38-17-50.