Penalty for unauthorized insurers.
S.C. Code Ann. § 38-25-320
in effectAn unauthorized insurer who transacts any unauthorized act of an insurance business as set forth in Article 3 of this chapter may be fined not more than fifty thousand dollars.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t38c025.phpFetched: 10/17/2026
