South Carolina Code of Laws
Chapter 9 - Capital, Surplus, Reserves, And Other Financial Matters
Section 38-9-420. Regulatory power of director.

South Carolina Code of Laws

Title 38 - Insurance

Chapter 9 - Capital, Surplus, Reserves, And Other Financial Matters

Section 38-9-10. Capital and surplus required of stock insurers; delinquency.

Section 38-9-20. Surplus required of mutual insurers; delinquency.

Section 38-9-30. Capital and surplus requirements of insurers licensed as of July 1, 1988; delinquency.

Section 38-9-40. Director to notify insurers of amounts required; annual schedule.

Section 38-9-50. Restrictions on kinds of insurance that insurers may write.

Section 38-9-60. No limitation on certain license provisions.

Section 38-9-70. Insurers may make deposits to do business in other states.

Section 38-9-80. Certificates of deposits or securities required; amounts; factors considered in setting amounts; limits.

Section 38-9-90. Securities or bonds must be held as security for claims.

Section 38-9-100. Deposit of securities not necessary when made with other states.

Section 38-9-110. Voluntary deposits for compliance with laws of other states.

Section 38-9-120. Exchange of deposited securities.

Section 38-9-130. Interest on deposited securities.

Section 38-9-140. Principal of deposited securities.

Section 38-9-150. Return of deposited securities.

Section 38-9-160. Enforcement of trust created by deposit.

Section 38-9-170. Unearned premium reserve.

Section 38-9-180. Standard Valuation Law.

Section 38-9-190. Loss and claim reserves.

Section 38-9-200. Reinsurance credits; liability reductions.

Section 38-9-210. Reduction from liability for reinsurance; security.

Section 38-9-220. "Qualified United States financial institution" defined.

Section 38-9-225. Submission of Statements of Actuarial opinion; Actuarial Opinion Summaries and supporting papers.; liability of Appointed Actuary.

Section 38-9-230. Confidentiality.

Section 38-9-310. Definitions.

Section 38-9-320. Preparation and submission of RBC (risk based capital) Report; form and content.

Section 38-9-330. Company Action Level Event defined; preparation and submission of RBC (risk based capital) Plan by insurer.

Section 38-9-340. Regulatory Action Level Event defined; duties of director; corrective action.

Section 38-9-350. Authorized Control Level Event defined; discretion, rights, powers and duties of director.

Section 38-9-360. Mandatory Control Level Event defined; discretion, rights, powers and duties of director.

Section 38-9-365. Discretion of director to retain actuaries, investment experts, and other consultants; fees, costs, and expense.

Section 38-9-370. Confidential hearing; notification; time of hearing.

Section 38-9-380. Confidentiality of reports, plans, and orders.

Section 38-9-390. Prohibited use of information; publication of materially false or inappropriate statement.

Section 38-9-400. Limitations on use of RBC (risk based capital) Instructions, Reports, and Plans.

Section 38-9-410. Other powers or duties of director or designee.

Section 38-9-420. Regulatory power of director.

Section 38-9-430. Exemptions from application of article.

Section 38-9-440. Applicability of RBC (risk based capital) requirements to foreign insurers.

Section 38-9-450. Limitation of liability.

Section 38-9-460. Notification by director which may result in regulatory action.