Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 38 - INSURANCEChapter 13 - EXAMINATIONS, INVESTIGATIONS, RECORDS, AND REPORTS
Article 3 - REPORTS OF LOSS AND EXPENSE EXPERIENCE
Section 38-13-360 - Penalty for failure to comply with provisions of article

S.C. Code § 38-13-360

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Current through 2024 Act No. 225.
Section 38-13-360 - Penalty for failure to comply with provisions of article

Each insurer who fails to comply with the terms of Sections 38-13-300 through 38-13-350 shall pay a civil penalty of a fine of twenty thousand dollars and thereafter a fine of one thousand dollars daily until the named sections of the article are complied with.

S.C. Code § 38-13-360

1993 Act No. 181, Section 537; 1987 Act No. 166, Section 17.