South Carolina Code of Laws
Title 38 - Insurance
Chapter 87 - Regulation And Taxation Of Risk Retention Groups And Purchasing Groups

Section 38-87-10. Purpose. - The purpose of this chapter is to regulate the formation...

Section 38-87-20. Definitions. - As used in this chapter: (1) "Commissioner" means the commissioner,...

Section 38-87-30. Chartering of risk retention groups; submission of plan of operation; revisions of plan; information required. - (A) A risk retention group, pursuant to the provisions of...

Section 38-87-40. Out-of-state chartered risk retention groups; requirements for doing business in state. - Risk retention groups chartered and licensed in states other than...

Section 38-87-50. Participation by risk retention groups and purchasing groups in state insurance insolvency guaranty fund. - (A) No risk retention group is required or permitted to...

Section 38-87-70. Purchasing group and insurer subject to all applicable state laws; exceptions. - A purchasing group, including its insurer or insurers, is subject...

Section 38-87-80. Purchasing group; notice of intent to do business; notice of changes; designation of commissioner as agent for service; exceptions; additional information. - (A) A purchasing group prior to doing business in this...

Section 38-87-90. Purchase of insurance from nonstate chartered group or nonstate admitted insurer; notice requirements; deductible or self-insured retention not permitted; aggregate limits on purchase. - (A) A purchasing group may not purchase insurance from a...

Section 38-87-100. Premium taxes. - Premium taxes and other taxes on premiums paid for coverage...

Section 38-87-110. Powers of Director of the Department of Insurance; applicable procedures; injunctive relief. - (A) The director or his designee is authorized to use...

Section 38-87-120. License required to solicit, negotiate or procure liability insurance; notice to insured. - (A) Risk retention group. No person may act or aid...

Section 38-87-130. U.S. District Court injunctions enforceable in state courts. - An order issued by any district court of the United...

Section 38-87-140. Rules and regulations. - The department may promulgate regulations necessary to carry out the...