South Carolina Code 38-99-80. Penalties
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Terms Used In South Carolina Code 38-99-80
- Licensee: means a person licensed, authorized to operate, or registered, or required to be licensed, authorized, or registered pursuant to the insurance laws of this State but does not include a purchasing group or a risk retention group chartered and licensed in a state other than this State or a licensee that is acting as an assuming insurer that is domiciled in another state or jurisdiction. See South Carolina Code 38-99-10
A licensee who violates a provision of this chapter is subject to penalties as provided in § 38-2-10.