South Carolina Code 38-38-540. Examination; notice of examination
Current as of: 2023 | Check for updates
|
Other versions
(A) The director or his designee may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this State in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers are also applicable to the examination of societies.
(B) The provisions of § 38-13-20(D) shall apply with regard to examinations.
Terms Used In South Carolina Code 38-38-540
- Director: means the Director of the Department of Insurance of this State. See South Carolina Code 38-38-40
- Society: means fraternal benefit society, unless otherwise indicated. See South Carolina Code 38-38-40