South Carolina Statutes
§ 38-73-1240 — Suspension or revocation of license.
South Carolina § 38-73-1240
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 73PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS
This text of South Carolina § 38-73-1240 (Suspension or revocation of license.) 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. § 38-73-1240 (2026).
Text
Licenses issued pursuant to Section 38-73-1230 may be suspended or revoked by the director or his designee, after hearing upon notice, in the event the rating organization ceases to meet the requirements of this article.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-43-940 [1947 (45) 322; 1952 Code SECTION 37-724; 1962 Code SECTION 37-724] recodified as SECTION 38-73-1240 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.
Nearby Sections
15
§ 38-73-10
Declaration of purpose; construction.§ 38-73-1020
Disapproval after applicable review period.§ 38-73-1085
Factors affecting premium rates.§ 38-73-1090
Determination of discrimination and removal.§ 38-73-1097
Applicability of certain provisions.§ 38-73-110
Suspension of license.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-73-1240, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/73/38-73-1240.