South Carolina Statutes
§ 38-9-450 — Limitation of liability.
South Carolina § 38-9-450
JurisdictionSouth Carolina
Title 38INSURANCE
Ch. 9CAPITAL, SURPLUS, RESERVES, AND OTHER FINANCIAL MATTERS
This text of South Carolina § 38-9-450 (Limitation of liability.) 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. § 38-9-450 (2026).
Text
There is no liability on the part of, and no cause of action, shall arise against the director, his designee, the Department of Insurance, or its employees or representatives and agents for any action of any nature taken in the performance of their powers and duties under this article.
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Legislative History
HISTORY: 1996 Act No. 254, SECTION 2.
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.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-9-450, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/38-9-450.