{"data":{"id":"us-sc/s.c.-code-ann.-38-9-50","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-9-50","heading":"Restrictions on kinds of insurance that insurers may write.","body":"An insurer that fails to meet the minimum capital and surplus requirements of this chapter, but which continues to remain licensed by virtue of Section 38-9-30, shall confine its business to the kinds of insurance for which it was licensed on July 1, 1988. If the insurer desires to write additional kinds of insurance, it shall comply with the capital and surplus requirements of Section 38-9-10 or 38-9-20 as applicable.","path":["Title 38 - INSURANCE","CHAPTER 9 Capital, Surplus, Reserves, and Other Financial Matters","ARTICLE 1 General Provisions"],"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":"96f38c5ea9fa95284e2aaa2c25458392e15d0a64767fc75d1b242453f1a65d13","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-9-40","next":"us-sc/s.c.-code-ann.-38-9-60"},"notice":"GroundRules: Original legal text. Not legal advice."}