S.C. Code § 38-25-320

Current through 2024 Act No. 225.

Section 38-25-320 - Penalty for unauthorized insurers

An unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in Article 3 of this chapter may be fined not more than fifty thousand dollars.

S.C. Code § 38-25-320

1988 Act No. 374, Section 2; Former 1976 Code Section 38-53-80 [1975 (59) 127] recodified as Section 38-25-320 by 1987 Act No. 155, Section 1.