"Beneficial owner", when used in this chapter, means a person who directly or indirectly beneficially owns more than ten percent of any class of any equity security of a domestic stock insurer.
S.C. Code Ann. § 38-23-30
"Beneficial owner" defined
Former 1976 Code SECTION 38-23-30 [1947 (45) 322; 1952 Code SECTION 37-1003; 1962 Code SECTION 37-1003; 1984 Act No. 330] recodified as SECTION 38-35-30 by 1987 Act No. 155, SEC…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.