South Carolina Statutes
§ 38-77-840 — Powers of director.
The director may in its discretion, after reviewing all information pertaining to the applicant or policyholder available from its records, the records of the department, or from other sources:
(1)refuse to assign an application;
(2)approve the rejection of an application by an insurance carrier;
(3)approve the cancellation of a policy of motor vehicle liability, physical damage, and medical payments insurance by an insurance carrier; or (4) refuse to approve the renewal or the reassignment of an expiring policy.
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South Carolina § 38-77-840 (Powers of director.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1997 Act No. 154, SECTION 21(A).
Nearby Sections
15
§ 38-77-10
Declaration of purpose.§ 38-77-1110
Short title.§ 38-77-1120
Definitions.§ 38-77-114
Review and reports on impact of repeal of antirebate laws concerning sale of automobile insurance.§ 38-77-1160
Violations and penalties.