South Carolina Statutes
§ 38-31-120 — Examination and regulation of Association; financial reports.
South Carolina § 38-31-120
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 31SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
This text of South Carolina § 38-31-120 (Examination and regulation of Association; financial reports.) 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. § 38-31-120 (2026).
Text
The association is subject to examination and regulation by the department. The board of directors shall annually submit, to the department, by March thirtieth a financial report for the preceding calendar year in a form approved by the director or his designee.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-31-120 [1962 Code SECTION 37-312.1; 1969 (56) 699] recodified as SECTION 38-65-320 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-19-120 [1962 Code SECTION 37-831; 1971 (57) 1001] recodified as SECTION 38-31-120 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 632.
Nearby Sections
15
§ 38-31-10
Short title.§ 38-31-100
Exhaustion of other coverage and claims.§ 38-31-140
Rates.§ 38-31-160
Stay of proceedings involving insolvent insurers; rights of Association in these proceedings.§ 38-31-170
Termination of Association by director.§ 38-31-20
Definitions.§ 38-31-30
Application of chapter.§ 38-31-40
Association created; membership as condition of authority to transact insurance; accounts.§ 38-31-50
Board of directors.§ 38-31-60
Powers and duties of Association.§ 38-31-70
Plan of operation.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-31-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/31/38-31-120.