{"data":{"id":"us-sc/s.c.-code-ann.-38-19-480","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-19-480","heading":"Nonassessable plan applies to all policies.","body":"The director or his designee may not authorize a domestic mutual insurer to extinguish the contingent liability of any of its members or in any of its policies to be issued unless it qualifies to and does extinguish the liability of all its members and in all policies for all kinds of insurance transacted by it.","path":["Title 38 - INSURANCE","CHAPTER 19 Domestic Mutual Insurers","ARTICLE 5 Liability of Members and Nonassessable Policies"],"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":"1b1ec6feec28c1f29275911c6b4c79e08c2e065afbcde60095c8f0e79b2891ed","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-19-470","next":"us-sc/s.c.-code-ann.-38-19-490"},"notice":"GroundRules: Original legal text. Not legal advice."}