South Carolina § 38-12-10 - Short title.
Full text of South Carolina South Carolina Code of Laws § 38-12-10 — Short title., with citation guidance and answers to common questions.
§ 38-12-10. Short title.
This chapter may be cited as the "Investments of Insurers Act".
HISTORY: 2002 Act No. 319, SECTION 2, eff June 3, 2002.
Editor's Note
2002 Act No. 319, SECTION 1, provides as follows:
"The legislative intent of this chapter is to protect the interests of the insured in this State by promoting insurer solvency and financial strength, to be accomplished through the application of investment standards that facilitate a reasonable balance of the following objectives:
"(1) preserving principal;
"(2) assuring reasonable diversification as to type of investment, issuer, and credit quality; and
"(3) allowing insurers to allocate investments in a manner consistent with principles of prudent investment management to achieve a return adequate to meeting obligations to insureds and financial strength sufficient to cover reasonably foreseeable contingencies."
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-12-10
What does South Carolina Code of Laws § 38-12-10 cover?
Section 38-12-10 ("Short title.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 38-12-10?
A common citation format is "South Carolina Code of Laws § 38-12-10" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 38-12-10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.