South Carolina Statutes

§ 38-69-300 — Calculating benefits available other than on anniversary date.

South Carolina § 38-69-300
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 69INDIVIDUAL ANNUITIES

This text of South Carolina § 38-69-300 (Calculating benefits available other than on anniversary date.) 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. § 38-69-300 (2026).

Text

Any paid-up annuity, cash surrender, or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, must be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.

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Legislative History

HISTORY: Former 1976 Code SECTION 38-8-100 [1978 Act No. 517 SECTION 10] recodified as SECTION 38-69-300 by 1987 Act No. 155, SECTION 1.

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Bluebook (online)
South Carolina § 38-69-300, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/69/38-69-300.