{"data":{"id":"us-sc/s.c.-code-ann.-38-19-1170","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-19-1170","heading":"Membership interest as security; transfer of interest.","body":"A membership interest in a mutual insurance holding company does not constitute a security under the laws of the State of South Carolina. A membership interest in a mutual insurance holding company may not be transferred from the member to another person or entity.","path":["Title 38 - INSURANCE","CHAPTER 19 Domestic Mutual Insurers","ARTICLE 13 Reorganization of Mutual Insurers as Domestic Mutual Insurance Holding Company Systems"],"source_url":"https://www.scstatehouse.gov/code/t38c019.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:12:04Z","sha256":"91b840687dee67f22a7fc60295a14275f11be156d709cb99f61c08254ce91da0","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-19-1160","next":"us-sc/s.c.-code-ann.-38-19-1180"},"notice":"GroundRules: Original legal text. Not legal advice."}