South Carolina Statutes
§ 38-25-320 — Penalty for unauthorized insurers.
South Carolina § 38-25-320
This text of South Carolina § 38-25-320 (Penalty for unauthorized insurers.) 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. § 38-25-320 (2026).
Text
An unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in Article 3 of this chapter may be fined not more than fifty thousand dollars.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-53-80 [1975 (59) 127] recodified as SECTION 38-25-320 by 1987 Act No. 155, SECTION 1; 1988 Act No. 374, SECTION 2.
Nearby Sections
15
§ 38-25-10
Declaration.§ 38-25-110
Prohibition on transaction of insurance business in State without certificate of authority.§ 38-25-130
Aiding unauthorized insurer prohibited.§ 38-25-150
Exemptions.§ 38-25-320
Penalty for unauthorized insurers.§ 38-25-330
Penalty for violation of chapter.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-25-320, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/25/38-25-320.