§ 38-21-110

S.C. Code Ann. § 38-21-110

Violations of Sections 38-21-60 to 38-21-120

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The following are violations of Sections 38-21-60 to 38-21-120:

(1) The failure to file any statement, amendment, or other material required to be filed pursuant to Section 38-21-60 or 38-21-70; or
(2) The effectuation or any attempt to effectuate an acquisition or control of, or merger with, a domestic insurer unless the director or his designee has given his approval.