South Carolina § 34-29-161 Payment on insurance claim; damages; fees; costs.

South Carolina Statutes

§ 34-29-161 — Payment on insurance claim; damages; fees; costs.

South Carolina § 34-29-161

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 29CONSUMER FINANCE LAW

This text of South Carolina § 34-29-161 (Payment on insurance claim; damages; fees; costs.) 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. § 34-29-161 (2026).

Text

No person may act or attempt in a loan transaction to prevent the filing or receiving of payment on a legitimate insurance claim. In an action in which it is found that a person has violated this section, the court shall award to the borrower the actual damages and consequential damages, if any, and to his attorneys their reasonable fees and costs. In determining attorney's fees and costs, the amount of recovery on behalf of the consumer is not controlling.

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No person may act or attempt in a loan transaction to prevent the filing or receiving of payment on a legitimate insurance claim. In an action in which it is found that a person has violated this section, the court shall award to the borrower the actual damages and consequential damages, if any, and to his attorneys their reasonable fees and costs. In determining attorney's fees and costs, the amount of recovery on behalf of the consumer is not controlling.