South Carolina § 38-13-830 - Risk management framework.
Full text of South Carolina South Carolina Code of Laws § 38-13-830 — Risk management framework., with citation guidance and answers to common questions.
§ 38-13-830. Risk management framework.
An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.
HISTORY: 2017 Act No. 48 (S.254), SECTION 1, eff January 1, 2018.
Frequently Asked Questions About South Carolina § 38-13-830
What does South Carolina Code of Laws § 38-13-830 cover?
Section 38-13-830 ("Risk management framework.") 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 § 38-13-830?
A common citation format is "South Carolina Code of Laws § 38-13-830" (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 § 38-13-830 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.