{"data":{"id":"us-sc/s.c.-code-ann.-38-9-430","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-9-430","heading":"Exemptions from application of article.","body":"The director may exempt from the application of this article:\n(1) a domestic property and casualty insurer that:\n(a) writes direct business only in this State;\n(b) writes direct annual written premiums of two million dollars or less; and\n(c) assumes no reinsurance in excess of five percent of its direct written premium; and\n(2) a domestic health organization that:\n(a) writes direct business only in this State;\n(b) assumes no reinsurance in excess of five percent of direct premium written; and\n(c) writes direct annual premiums of one million dollars or less.","path":["Title 38 - INSURANCE","CHAPTER 9 Capital, Surplus, Reserves, and Other Financial Matters","ARTICLE 3 Risk-Based Capital"],"source_url":"https://www.scstatehouse.gov/code/t38c009.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:11:29Z","sha256":"a259e498dc7639115eff0249603b56359a6031196972ef19ce0a17fa8cd6c1be","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-9-420","next":"us-sc/s.c.-code-ann.-38-9-440"},"notice":"GroundRules: Original legal text. Not legal advice."}