South Carolina Statutes
§ 38-9-365 — Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense.
The director may retain actuaries, investment experts, attorneys, and other consultants whom he considers necessary to enforce the provisions of this article. The fees, costs, and expenses of those actuaries, experts, attorneys, and other consultants must be borne by the affected licensee or other related or affiliated parties as required by the director.
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South Carolina § 38-9-365 (Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1996 Act No. 254, SECTION 2; 2014 Act No. 164 (S.908), SECTION 7, eff January 1, 2015. Effect of Amendment 2014 Act No. 164, SECTION 7, substituted "licensee" for "insurer".
Nearby Sections
15
§ 38-9-120
Exchange of deposited securities.§ 38-9-130
Interest on deposited securities.§ 38-9-140
Principal of deposited securities.§ 38-9-150
Return of deposited securities.§ 38-9-160
Enforcement of trust created by deposit.§ 38-9-170
Unearned premium reserve.§ 38-9-180
Standard Valuation Law.§ 38-9-190
Loss and claim reserves.