The security required under this chapter is a policy or policies written by insurers authorized to write such policies in South Carolina providing for at least (1) the minimum coverages specified in Sections 38-77-140 through 38-77-230 and (2) the benefits required under Sections 38-77-240, 38-77-250, and 38-77-260. However, the director or his designee may approve and accept another form of security in lieu of such a liability insurance policy if he finds that such other form of security is adequate to provide and does in fact provide the benefits required by this chapter.
HISTORY: Former 1976 Code Section 56-11-200 [1962 Code Section 46-750.120; 1974 (58)2718] repealed by 1987 Act No. 155, Section 25, and recodified as Section 56-10-20 by 1987 Act No. 155, Section 9; 1993 Act No. 181, Section 1474; 1996 Act No. 459, Section 219.
Structure South Carolina Code of Laws
Chapter 10 - Motor Vehicle Registration And Financial Security
Section 56-10-10. Security required on registered vehicles.
Section 56-10-20. Type of security required.
Section 56-10-30. Automatic suspension of registration upon lapse or termination of security.
Section 56-10-45. Confiscation of registration certificates and license plates.
Section 56-10-46. Enhanced proof of insurance requests following lapse or termination.
Section 56-10-50. Suspension of registration not to affect title to vehicle.
Section 56-10-210. Definitions.
Section 56-10-220. Requirement that vehicle sought to be registered be insured; proof; regulations.
Section 56-10-225. Proof of insurance and financial responsibility in vehicle; penalties.
Section 56-10-230. Notice of termination of insurance.
Section 56-10-245. Per diem fine for lapse in required coverage.
Section 56-10-250. Unlawful to sell vehicle with suspended registration to family member.
Section 56-10-550. Deposit of funds collected in Uninsured Motorists Fund.
Section 56-10-552. Uninsured Enforcement Fund; use of reinstatement fee.
Section 56-10-553. Collection data and maintenance of statistics.
Section 56-10-610. Short title.
Section 56-10-615. Information regarding cancellations; requests for proof of insurance.
Section 56-10-620. Definitions.
Section 56-10-630. Purpose of article.