A person who has in his possession or control any books, accounts, or papers of a company licensed under this title shall exhibit them to the director or to any deputy, actuary, accountant, or person acting with or for the director. A person who refuses, on demand, to exhibit any books, accounts, or papers or knowingly or wilfully makes a false statement in regard to them is guilty of a misdemeanor and, upon conviction, must be fined in the discretion of the court or imprisoned for not more than three years, or both. All replies are strictly confidential except for the purposes of prosecution for any false or fraudulent statement made to the director or his designee.
S.C. Code Ann. § 38-13-140
Refusal to exhibit records; false statements; confidentiality of replies
Former 1976 Code SECTION 38-13-140 [1947 (45) 322; 1952 Code SECTION 37-614; 1962 Code SECTION 37-614] has no comparable provisions in 1987 Act No. 155; Former 1976 Code SECTION…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.