This chapter does not apply to:
(a) an insurer authorized to do business in this State;
(b) a banking institution, savings and loan association, cooperative credit union, consumer finance company provided for in Sections 34-29-10 to 34-29-260 authorized to do business in this State, or a supervised lender provided for in Title 37 authorized to do business in this State;
(c) the inclusion of a charge for insurance in connection with an installment sale of goods or services;
(d) the advancing of premiums by insurance agents and producers of record under Article 3, Chapter 43 of this title.
HISTORY: Former 1976 Code Section 38-39-10 [1962 Code Section 37-772; 1971 (57) 744] recodified as Section 38-75-310 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-27-20 [1962 Code Section 37-1301; 1967 (55) 273] recodified as Section 38-39-10 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 653; 1999 Act No. 66, Section 22.
Structure South Carolina Code of Laws
Chapter 39 - Insurance Premium Service Companies
Section 38-39-10. Application of chapter.
Section 38-39-20. License required; fee; interrogatories.
Section 38-39-30. Investigation of applicant; issuance of license; bond.
Section 38-39-40. Revocation or suspension of, or refusal to issue, license; monetary penalties.
Section 38-39-50. Records must be kept by insurance premium service companies.
Section 38-39-60. Regulations.
Section 38-39-70. Premium service agreements.
Section 38-39-90. Cancellation of insurance contracts by premium service company.
Section 38-39-100. Validity of premium service agreement as secured transaction.