South Carolina § 38-43-110 Renewal of license; conditions; lapse; request for military waiver.

South Carolina Statutes

§ 38-43-110 — Renewal of license; conditions; lapse; request for military waiver.

South Carolina § 38-43-110

Title 38INSURANCE

Ch. 43INSURANCE PRODUCERS AND AGENCIES

This text of South Carolina § 38-43-110 (Renewal of license; conditions; lapse; request for military waiver.) 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. § 38-43-110 (2026).

Text

(A)A producer's license continues on a biennial basis unless revoked or suspended subject to the following requirements:

(1)an individual producer license must be renewed by the last day of the licensee's month of birth based on the producer's year of birth as provided for in regulation;

(2)an individual producer license may not be renewed unless the continuing education requirements of Section 38-43-106 are met; and (3) an individual producer license may not be renewed unless the biennial license renewal fee is paid as provided in Section 38-43-80.

(B)A producer who allows his license to lapse for failure to comply with Section 38-43-106, within six months from the compliance deadline, may reinstate the same license if continuing education requirements have been met and a penalty fee

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(A) A producer's license continues on a biennial basis unless revoked or suspended subject to the following requirements: (1) an individual producer license must be renewed by the last day of the licensee's month of birth based on the producer's year of birth as provided for in regulation; (2) an individual producer license may not be renewed unless the continuing education requirements of Section 38-43-106 are met; and (3) an individual producer license may not be renewed unless the biennial license renewal fee is paid as provided in Section 38-43-80. (B) A producer who allows his license to lapse for failure to comply with Section 38-43-106, within six months from the compliance deadline, may reinstate the same license if continuing education requirements have been met and a penalty fee set forth by regulation is paid. (C) A licensed insurance producer who is unable to comply with license renewal procedures due to active military service or some other extenuating circumstance (e.g., a long-term medical disability) may request a waiver of those procedures. The producer also may request a waiver of any examination requirement or any other fine or sanction imposed for failure to comply with renewal procedures.

Legislative History

HISTORY: Former 1976 Code SECTION 38-43-110 [1947 (45) 322; 1952 Code SECTION 37-660; 1962 Code SECTION 37-660] recodified as SECTION 38-73-90 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTIONS 38-1-60 [1979 Act No. 63] and 38-51-130 [1947 (45) 322; 1952 Code SECTION 37-240; 1962 Code SECTION 37-240; 1976 Act No. 612 SECTION 4] recodified as SECTION 38-43-110 by 1987 Act No. 155, SECTION 1; 1992 Act No. 501, Part II SECTION 11I; 1993 Act No. 181, SECTION 662; 2002 Act No. 323, SECTION 2, eff January 31, 2003; 2008 Act No. 326, SECTION 10, eff June 16, 2008; 2009 Act No. 69, SECTION 5, eff June 2, 2009.