{"data":{"id":"us-sc/s.c.-code-ann.-38-19-620","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-19-620","heading":"Loans may not be part of legal liabilities but must be reflected in financial statements.","body":"Any money so borrowed may not form a part of the insurer's legal liabilities or be the basis of any setoff but, until it is repaid, financial statements filed or published by the insurer shall show as a footnote the amount of the loan then unpaid together with interest accrued but unpaid.","path":["Title 38 - INSURANCE","CHAPTER 19 Domestic Mutual Insurers","ARTICLE 7 Borrowing"],"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":"807bcaba2c99356fda3d031da8ced79d6dc6aae7830702ef11c3615b8ae0945e","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-19-610","next":"us-sc/s.c.-code-ann.-38-19-630"},"notice":"GroundRules: Original legal text. Not legal advice."}
