South Carolina Statutes
§ 38-57-160 — Advertising gifts permitted.
Sections 38-57-130, 38-57-140, and 38-57-150 do not prohibit a licensed agent from giving to insureds, prospective insureds, and to others, for the purpose of advertising, an article of merchandise having a value of not more than twenty-five dollars and having an advertisement for the insurer or agent printed on it. Nothing within this section precludes a licensed agent from providing refreshments during a sales presentation which do not exceed ten dollars a person in cost.
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South Carolina § 38-57-160 (Advertising gifts permitted.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: Former 1976 Code SECTION 38-57-160 [1947 (45) 322; 1952 Code SECTION 37-1164; 1962 Code SECTION 37-1164; 1978 Act No. 585 SECTION 14] recodified as SECTION 23-9-410 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-55-160 [1962 Code SECTION 37-1216; 1964 (53) 2293] recodified as SECTION 38-57-160 by 1987 Act No. 155, SECTION 1; 1997 Act No. 68, SECTION 11; 2007 Act No. 27, SECTION 1, eff upon approval (became law without the Governor's signature on May 16, 2007).
Nearby Sections
15
§ 38-57-10
Declaration of purpose.§ 38-57-140
Discrimination and rebating permitted in life insurance, annuities, and disability insurance.§ 38-57-150
Inducements prohibited; exception.§ 38-57-160
Advertising gifts permitted.§ 38-57-20
"Person" defined.§ 38-57-200
Findings and order.§ 38-57-220
Immunity from prosecution.§ 38-57-230
Violation of cease and desist order.