South Carolina Statutes
§ 38-55-60 — Punishment and revocation of license for discrimination.
Every officer or agent of an insurer doing business in this State who violates Section 38-55-50 is guilty of a misdemeanor. The director or his designee, upon being satisfied that the insurer, its agent, or an insurance broker has violated Section 38-55-50, shall impose the penalties provided in Section 38-2-10.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-55-60 [1962 Code SECTION 37-1206; 1964 (53) 2293] recodified as SECTION 38-57-60 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-9-90 [1947 (45) 322; 1952 Code SECTION 37-148; 1962 Code SECTION 37-148] recodified as SECTION 38-55-60 by 1987 Act No. 155, SECTION 1; 1988 Act No. 374, SECTION 26; 1993 Act No. 181, SECTION 705.
Nearby Sections
15
§ 38-55-100
Tontine plans prior to May 12, 1947.§ 38-55-110
Reserve requirements for tontine policies.§ 38-55-170
Presenting false claims for payment.