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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-5-140: Opportunity for hearing.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 5 Authority and Requirements to Transact Business

Unless the grounds for revocation relate only to the financial condition or soundness of the insurer or to a deficiency in its assets, the director or his designee shall notify the insurer not less than thirty days before revoking its authority to do business in this State and he must specify in the notice the particulars of the alleged violation of the law or its charter or grounds for revocation and a proper opportunity must be offered the insurer to be heard.

Collected 2026-09-02T07:11:19Z. Source file · JSON

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