South Carolina Statutes
§ 38-23-90 — Transactions in registered securities and securities held by fewer than one hundred persons excepted.
South Carolina § 38-23-90
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 23INSIDER TRADING IN SECURITIES OF DOMESTIC STOCK INSURERS
This text of South Carolina § 38-23-90 (Transactions in registered securities and securities held by fewer than one hundred persons excepted.) 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. § 38-23-90 (2026).
Text
Sections 38-23-40 to 38-23-60 do not apply to equity securities of a domestic stock insurer if (a) the securities are registered or are required to be registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, or (b) the domestic stock insurer does not have any class of its equity securities held of record by one hundred or more persons on the last business day of the previous year in which equity securities of the insurer would be subject to Sections 38-23-40 to 38-23-60 except for this section.
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Legislative History
HISTORY: Former 1976 Code SECTION 35-9-80 [1962 Code SECTION 62-478; 1966 (54) 2146] recodified as SECTION 38-23-90 by 1987 Act No. 155, SECTION 1.
Nearby Sections
10
§ 38-23-10
Short title.§ 38-23-100
Regulations of Director or designee.§ 38-23-20
"Equity security" defined.§ 38-23-30
"Beneficial owner" defined.§ 38-23-40
Beneficial owners, directors, and officers of domestic stock insurers shall file statements.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-23-90, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/23/38-23-90.