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Section 38-38-540. Examination; notice of examination.

SC Code § 38-38-540 (2019) (N/A)
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(A) The director or his designee may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this State in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers are also applicable to the examination of societies.

(B) The provisions of Section 38-13-20(D) shall apply with regard to examinations.

HISTORY: 2000 Act No. 259, Section 1.

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