S.C. Code § 38-53-110

Current through 2024 Act No. 225.

Section 38-53-110 - Financial statement required; examination

In addition to the other requirements of this chapter, every year, by March first, an applicant for a professional bondsman's license shall furnish a detailed financial statement under oath and in a form as the director or his designee may require. The statement is subject to the same examination as is prescribed by law for domestic insurance companies.

Amended by 2021 S.C. Acts, Act No. 13 (HB 3585),s 4, eff. 4/12/2021.

1998 Act No. 425, Section 2; 1993 Act No. 181, Section 691; Former 1976 Code Section 38-63-120 [1985 Act No. 189, Section 1] recodified as Section 38-53-110 by 1987 Act No. 155, Section 1.