Terms Used In South Carolina Code > Title 33 > Chapter 7 > Article 4 - Derivative Proceedings

• director: means the Director of the South Carolina Department of Insurance or his designee. See South Carolina Code 38-21-10
• Insurer: includes a corporation, fraternal organization, burial association, other association, partnership, society, order, individual, or aggregation of individuals engaging or proposing or attempting to engage as principals in any kind of insurance or surety business, including the exchanging of reciprocal or interinsurance contracts between individuals, partnerships, and corporations. See South Carolina Code 38-1-20