South Carolina § 38-38-310 Contractual benefits allowed; persons covered.

South Carolina Statutes

§ 38-38-310 — Contractual benefits allowed; persons covered.

South Carolina § 38-38-310

Title 38INSURANCE

Ch. 38FRATERNAL BENEFIT SOCIETIES

This text of South Carolina § 38-38-310 (Contractual benefits allowed; persons covered.) 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. § 38-38-310 (2026).

Text

(A)A society may provide the following contractual benefits in any form:

(1)death;

(2)endowment;

(3)annuity;

(4)temporary or permanent disability;

(5)hospital, medical, or nursing;

(6)monument or tombstone benefits to the memory of deceased members; and (7) other benefits as authorized for life insurers under this title, provided the benefit is:

(a)offered in compliance with the requirements of this title, and (b) consistent with this chapter.

(B)A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (A), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

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(A) A society may provide the following contractual benefits in any form: (1) death; (2) endowment; (3) annuity; (4) temporary or permanent disability; (5) hospital, medical, or nursing; (6) monument or tombstone benefits to the memory of deceased members; and (7) other benefits as authorized for life insurers under this title, provided the benefit is: (a) offered in compliance with the requirements of this title, and (b) consistent with this chapter. (B) A society shall specify in its rules those persons who may be issued, or covered by, the contractual benefits in subsection (A), consistent with providing benefits to members and their dependents. A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.