The association is subject to examination and regulation by the department. The board of directors shall annually submit, to the department, by March thirtieth a financial report for the preceding calendar year in a form approved by the director or his designee.
HISTORY: Former 1976 Code Section 38-31-120 [1962 Code Section 37-312.1; 1969 (56) 699] recodified as Section 38-65-320 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-19-120 [1962 Code Section 37-831; 1971 (57) 1001] recodified as Section 38-31-120 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 632.
Structure South Carolina Code of Laws
Chapter 31 - South Carolina Property And Casualty Insurance Guaranty Association
Section 38-31-10. Short title.
Section 38-31-20. Definitions.
Section 38-31-30. Application of chapter.
Section 38-31-50. Board of directors.
Section 38-31-60. Powers and duties of Association.
Section 38-31-70. Plan of operation.
Section 38-31-80. Powers and duties of director.
Section 38-31-100. Exhaustion of other coverage and claims.
Section 38-31-110. Detection and prevention of insurer insolvencies.
Section 38-31-120. Examination and regulation of Association; financial reports.
Section 38-31-130. Exemption of Association from fees and taxes.
Section 38-31-150. Immunity from liability for action taken under chapter.