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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-19-430: Validity of guaranty against liability.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 19 Domestic Mutual Insurers
  3. ARTICLE 5 Liability of Members and Nonassessable Policies

No person may insure against or agree or promise any member of a domestic mutual insurer holding a policy which provides for contingent liability to save him harmless from the contingent liability or any assessment under the policy. Any insurance, agreement, or promise attempted of this nature is void.

Collected 2026-09-02T07:12:04Z. Source file · JSON

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