S.C. Code Ann. § 38-12-40. Insurer acquisitions, holdings or investments: Investments of Insurers Act – South Carolina
Status: EnactedYear Enacted: 2002
File: Download
Insurers may acquire, hold, or invest in investments or engage in investment practices as provided in this chapter or as is not prohibited otherwise by this title including, without limitation, investments permitted pursuant to Chapter 21 of this title. Investments not conforming to this chapter are not admitted assets unless they are acquired pursuant to other authority of this title.
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