Home/South Carolina/Statutes/Title 38: INSURANCE/Ch. 5: AUTHORITY AND REQUIREMENTS TO TRANSACT BUSINESS/§ 38-5-180
South Carolina Statutes

§ 38-5-180 — Authority required for insurer to operate in State.

South Carolina·Title 38 INSURANCE·Ch. 5 AUTHORITY AND REQUIREMENTS TO TRANSACT BUSINESS
No insurer may operate from a location within South Carolina unless it is licensed as an insurer as provided in Section 38-5-10, or permitted to operate as an approved reinsurer as provided in Section 38-5-60, or qualified to operate as an eligible surplus lines insurer as provided in Section 38-45-90.

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South Carolina § 38-5-180 (Authority required for insurer to operate in State.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1994 Act No. 372, SECTION 2.

Nearby Sections

15
§ 38-5-10
Insurers must be licensed and supervised; exceptions.
§ 38-5-100
Foreign or alien insurers with names identical with or similar to others not qualified.
§ 38-5-110
Approval of charters or amendments of charter.
§ 38-5-120
Revocation or suspension of certificate of authority; publication of notice; hearing.
§ 38-5-130
Monetary penalty in lieu of license revocation or suspension.
§ 38-5-140
Opportunity for hearing.
§ 38-5-150
Funds may not be paid during suspension without approval.
§ 38-5-160
Injunction, receivership.
§ 38-5-170
Continuation of certificate of authority and other approvals pertaining to foreign insurer transferring its corporate domicile by merger or consolidation.
§ 38-5-180
Authority required for insurer to operate in State.
§ 38-5-190
Copy and reproduction of records; effect and admissibility into evidence of printed reproduction.
§ 38-5-20
Certain charitable, religious, and other corporations authorized to issue annuities or pay lump-sum benefits without being subject to insurance laws.
§ 38-5-200
Required use of particular insurance premium finance company or other installment plan prohibited; other prohibited acts.
§ 38-5-30
Kinds of insurance for which an insurer may be licensed.
§ 38-5-40
Kinds of insurance for which life insurer may be licensed.
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