{"data":{"id":"us-sc/s.c.-code-ann.-38-63-260","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-63-260","heading":"Policies with face value less than five thousand dollars.","body":"Notwithstanding any other provision of this article, for life insurance policies having a face value of less than five thousand dollars, life insurers may issue policies with an adjustable maximum policy loan interest rate when the policy loan is three hundred dollars or more, but, if the policy loan is less than three hundred dollars, a fixed policy loan interest rate of not more than eight percent per annum must be charged.","path":["Title 38 - INSURANCE","CHAPTER 63 Individual Life Insurance","ARTICLE 3 Policy Forms"],"source_url":"https://www.scstatehouse.gov/code/t38c063.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:14:14Z","sha256":"a2f39dd34a1e30b2873c791ab8009929acca2c6c0c9cd689b96d0e77c5074cac","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-63-250","next":"us-sc/s.c.-code-ann.-38-63-270"},"notice":"GroundRules: Original legal text. Not legal advice."}