South Carolina § 38-5-110 Approval of charters or amendments of charter.

South Carolina Statutes

§ 38-5-110 — Approval of charters or amendments of charter.

South Carolina § 38-5-110

Title 38INSURANCE

Ch. 5AUTHORITY AND REQUIREMENTS TO TRANSACT BUSINESS

This text of South Carolina § 38-5-110 (Approval of charters or amendments of charter.) 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. § 38-5-110 (2026).

Text

It is unlawful for the Secretary of State to issue any charter or grant any amendments of charter to any insurer or permit any foreign or alien insurer to do business within this State without the written approval of the director or his designee.

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Legislative History

HISTORY: Former 1976 SECTION 38-5-110 [1947 (45) 322; 1952 Code SECTION 37-107; 1962 Code SECTION 37-107] recodified as SECTION 38-5-90 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-5-140 [1947 (45) 322; 1952 Code SECTION 37-110; 1957 (50) 92; 1962 Code SECTION 37-110] recodified as SECTION 38-5-110 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 533.