South Carolina Statutes
§ 38-31-120 — Examination and regulation of Association; financial reports.
South Carolina·Title 38 INSURANCE·Ch. 31 SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
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.