There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 13 - EXAMINATIONS, INVESTIGATIONS, RECORDS, AND REPORTS
Section 38-13-360 - Penalty for failure to comply with provisions of article.
SC Code § 38-13-360 (2012) What's This?
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.
HISTORY: 1987 Act No. 166, Section 17; 1993 Act No. 181, Section 537.
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