South Carolina § 38-38-540 Examination; notice of examination.

South Carolina Statutes

§ 38-38-540 — Examination; notice of examination.

South Carolina § 38-38-540

Title 38INSURANCE

Ch. 38FRATERNAL BENEFIT SOCIETIES

This text of South Carolina § 38-38-540 (Examination; notice of examination.) 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. § 38-38-540 (2026).

Text

(A)The director or his designee may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this State in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers are also applicable to the examination of societies.

(B)The provisions of Section 38-13-20(D) shall apply with regard to examinations.

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(A) The director or his designee may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this State in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers are also applicable to the examination of societies. (B) The provisions of Section 38-13-20(D) shall apply with regard to examinations.