South Carolina Statutes
§ 37-4-109 — Existing insurance; choice of insurer.
South Carolina § 37-4-109
This text of South Carolina § 37-4-109 (Existing insurance; choice of insurer.) 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. § 37-4-109 (2026).
Text
If a creditor requires insurance, upon notice to the creditor the debtor shall have the option of providing the required insurance through an existing policy of insurance owned or controlled by the debtor, or through a policy to be obtained and paid for by the debtor, but the creditor may for reasonable cause decline the insurance provided by the debtor.
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Legislative History
HISTORY: 1962 Code SECTION 8-800.299; 1974 (58) 2879.
Nearby Sections
15
§ 37-4-101
Short title.§ 37-4-102
Scope.§ 37-4-103
"Consumer credit insurance" defined.§ 37-4-106
Unconscionability.§ 37-4-108
Refund or credit required; amount.§ 37-4-109
Existing insurance; choice of insurer.§ 37-4-110
Charge for insurance in connection with a deferral, refinancing or consolidation; duplicate charges.§ 37-4-202
Amount of insurance.§ 37-4-203
Filing and approval of rates and forms.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 37-4-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/4/37-4-109.