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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-13-90: Publication of assets and liabilities.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 13 Examinations, Investigations, Records, and Reports
  3. ARTICLE 1 General Provisions

No insurer may publish a statement of its assets and liabilities unless it shows both its assets and liabilities with equal conspicuousness. The statement shall reflect the assets and liabilities as were shown on the last annual statement or subsequent report of examination accepted by the director or his designee unless the director or his designee has given prior written approval to the publishing of a statement as of another date. Any publication purporting to show the capital of the insurer shall exhibit only the amount of capital actually paid in. An insurer or agent violating this section is subject to the penalties provided in Section 38-2-10.

Collected 2026-09-02T07:11:44Z. Source file · JSON

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