South Carolina § 38-19-20 - Contract shall stipulate membership of contract holder.
Full text of South Carolina South Carolina Code of Laws § 38-19-20 — Contract shall stipulate membership of contract holder., with citation guidance and answers to common questions.
§ 38-19-20. Contract shall stipulate membership of contract holder.
Each holder of an individual or group annuity contract or an individual or group contract of insurance, other than a contract of reinsurance, is a member of the insurer with the rights and obligations of membership as provided by this chapter. With respect to a group annuity contract or a contract of group insurance, the employer or other person to whom or in whose name the master contract is issued or held is considered the member. Each contract issued, individual or group, shall effectively stipulate this fact.
HISTORY: Former 1976 Code SECTION 38-19-20 [1962 Code SECTION 37-822; 1971 (57) 1001] recodified as SECTION 38-31-20 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-11-220 [1947 (45) 322; 1952 Code SECTION 37-372; 1962 Code SECTION 37-372] recodified as SECTION 38-19-20 by 1987 Act No. 155, SECTION 1; 1988 Act No. 334, SECTION 2.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-19-20
What does South Carolina Code of Laws § 38-19-20 cover?
Section 38-19-20 ("Contract shall stipulate membership of contract holder.") 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 § 38-19-20?
A common citation format is "South Carolina Code of Laws § 38-19-20" (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 § 38-19-20 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.