Section 37-16-40. Annual registration; affirmation of continuation of bond; fee.

SC Code § 37-16-40 (2019) (N/A)
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(A) No later than March first of each year, commencing immediately after registration required by Section 37-16-20, a prepaid legal services company registered with the department must file on a form prescribed by the department an updated registration statement to include a sworn affirmation as to continuation of the bond or letter of credit required by Section 37-16-20.

(B) In connection with its annual registration, the prepaid legal services company must pay a registration fee of eight hundred dollars which the department may utilize for purposes of administering this chapter.

HISTORY: 2000 Act No. 328, Section 1.