Mutual associations shall file an annual report with the department. If, after examination of the report, the director or his designee determines that the mutual association has complied with the insurance laws, he may issue it a certificate showing compliance.
S.C. Code Ann. § 38-35-40
Annual report; certificate of compliance
Former 1976 Code SECTION 38-35-40 [1947 (45) 322; 1952 Code SECTION 37-453; 1962 Code SECTION 37-453] recodified as SECTION 38-71-70 by 1987 Act No. 155, SECTION 1; Former 1976 …
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.