{"data":{"id":"us-sc/s.c.-code-ann.-38-38-350","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-38-350","heading":"Application of laws of State.","body":"(A) For certificates issued before the effective date of this chapter, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted must comply with the provisions of law applicable immediately before the effective date of this chapter.\n(B) For certificates issued on or after the effective date of this chapter, the value of every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted must comply with the provisions of law applicable to life insurers issuing policies containing like benefits in this State.","path":["Title 38 - INSURANCE","CHAPTER 38 Fraternal Benefit Societies","ARTICLE 7 Contractual Benefits"],"source_url":"https://www.scstatehouse.gov/code/t38c038.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:12:54Z","sha256":"99871b49e5873efd48afe324fdcf7c7424cd9fa43ea17e5a536749ad8bda1c5a","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-38-340","next":"us-sc/s.c.-code-ann.-38-38-410"},"notice":"GroundRules: Original legal text. Not legal advice."}