South Carolina Statutes
§ 38-53-110 — Financial statement required; examination.
South Carolina § 38-53-110
This text of South Carolina § 38-53-110 (Financial statement required; 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. § 38-53-110 (2026).
Text
In addition to the other requirements of this chapter, every year, by March first, an applicant for a professional bondsman's license shall furnish a detailed financial statement under oath and in a form as the director or his designee may require. The statement is subject to the same examination as is prescribed by law for domestic insurance companies.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-63-120 [1985 Act No. 189, SECTION 1] recodified as SECTION 38-53-110 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 691; 1998 Act No. 425, SECTION 2; 2021 Act No. 13 (H.3585), SECTION 4, eff April 12, 2021. Effect of Amendment 2021 Act No. 13, SECTION 4, in the first sentence, substituted "every year, by March first, an applicant for a professional bondsman's license shall furnish" for "an applicant for a professional bondsman's license shall furnish annually".
Nearby Sections
15
§ 38-53-10
Definitions.§ 38-53-100
Fees.§ 38-53-102
Suspension of license.§ 38-53-110
Financial statement required; examination.§ 38-53-120
Additional requirements of runners.§ 38-53-140
Expiration of license; renewal license.§ 38-53-170
Unlawful acts.§ 38-53-180
Receipt for collateral required.§ 38-53-20
Enforcement of chapter.§ 38-53-200
Power of attorney.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-53-110, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/53/38-53-110.