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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-45-80: Brokers to keep records of business done, furnish to director for inspection.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 45 Insurance Brokers and Surplus Lines Insurance

All brokers doing any kind of insurance business in this State shall make and keep a full and correct record of the business done by them, showing the number, date, term, amount insured, premiums, and the person to whom issued of every policy or certificate of renewal. The information from these records must be furnished to the director or his designee on demand and the original books or records are open to the inspection of the director or his designee on demand. These records must be kept for a minimum of five years. The director or his designee also may conduct examinations of broker records. Examinations must be conducted in accordance with the requirements of Chapter 13 of this title. The broker is responsible for the costs of any examination.

Collected 2026-09-02T07:13:19Z. Source file · JSON

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