Exchanges may sue and be sued.

S.C. Code Ann. § 38-17-130
in effect
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A reciprocal exchange transacting business in this State may sue or be sued in the name in which its contracts are authorized to be exchanged.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t38c017.phpFetched: 10/17/2026

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