S.C. Code Ann. § 38-17-120: Disposition of funds advanced to make up deficiencies.
Where this section sits in the code
- Title 38 - INSURANCE
- CHAPTER 17 Reciprocal Insurance
When funds other than those which have accrued from premiums or deposits of subscribers are supplied to make up a deficiency as provided in Section 38-17-100, they must be deposited and held for the benefit of subscribers under any terms and conditions the director or his designee may require as long as a deficiency exists and thereafter returned to the depositors.
Collected 2026-09-02T07:11:59Z. Source file · JSON