South Carolina · 2025-2026 Regular Session
Amend The South Carolina Code Of Laws By Amending Section 38-21-10, Relating To Definitions, So As To Define Terms; By Amending Section 38-21-30, Relating To The Authority Of Insurers To Invest In Securities Of Subsidiaries, So As To Include Health Maintenance Organizations; By Amending Section 38-21-70, Relating To Contents Of Statements, So As To Further Explain The Requirements Of Reporting The Description Of Transactions; By Amending Section 38-21-90, Relating To Approval By Commissioners Of Acquisition Of Control, So As To Require The Person Acquiring Control Of A Domestic Insurer To Maintain Or Restore Capital; By Amending Section 38-21-160, Relating To Information Which Need Not Be Disclosed In Registration Statements, So As To Designate That The Definition Does Not Apply For Other Purposes; By Amending Section 38-21-225, Relating To The Annual Enterprise Risk Report, So As To Identify Exemptions For Filing The Group Capital Calculation And To Require Filing Results Of The Liquidity Stress Test For Some Insurers; By Amending Section 38-21-250, Relating To Standards For Transactions Within Insurance Systems, So As To Outline Responsibilities Of The Director, Among Other…
Act No. 17 (2025-05-16)