South Carolina Statutes

§ 38-23-30 — "Beneficial owner" defined.

South Carolina·Title 38 INSURANCE·Ch. 23 INSIDER TRADING IN SECURITIES OF DOMESTIC STOCK INSURERS
"Beneficial owner", when used in this chapter, means a person who directly or indirectly beneficially owns more than ten percent of any class of any equity security of a domestic stock insurer.

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Legislative History

HISTORY: Former 1976 Code SECTION 38-23-30 [1947 (45) 322; 1952 Code SECTION 37-1003; 1962 Code SECTION 37-1003; 1984 Act No. 330] recodified as SECTION 38-35-30 by 1987 Act No. 155, SECTION 1; En, 1987 Act No. 155, SECTION 1.

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