{"data":{"id":"us-sc/s.c.-code-ann.-38-90-105","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-90-105","heading":"Loans.","body":"Upon approval by the director, only a pure captive insurance company, a special purpose captive insurance company, or a sponsored captive insurance company may make loans to its parent company or affiliates evidenced by a note in a form acceptable to and approved by the director. Loans of minimum capital or surplus funds or a combination thereof required by Section 38-90-40 are prohibited.","path":["Title 38 - INSURANCE","CHAPTER 90 Captive Insurance Companies","ARTICLE 1 Captive Insurance Companies"],"source_url":"https://www.scstatehouse.gov/code/t38c090.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:15:44Z","sha256":"82c443087213b483dfd9af0b3653c6bfa914dee2a09fa5deb867d44c3fb152b4","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-90-100","next":"us-sc/s.c.-code-ann.-38-90-110"},"notice":"GroundRules: Original legal text. Not legal advice."}