South Carolina Code 38-29-140. Examination and regulation of Association; annual reports
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Terms Used In South Carolina Code 38-29-140
- Association: means the South Carolina Life and Accident and Health Insurance Guaranty Association created under § 38-29-50. See South Carolina Code 38-29-20
- Department: means the Department of Insurance of South Carolina. See South Carolina Code 38-1-20
- Director: means the Director of the Department of Insurance. See South Carolina Code 38-29-20
The association is subject to examination and regulation by the department. The board of directors shall annually submit to the department, by May first, a financial report for the preceding calendar year in a form approved by the director or his designee and a report of its activities during the preceding calendar year.