South Carolina § 38-23-100 - Regulations of Director or designee.
Full text of South Carolina South Carolina Code of Laws § 38-23-100 — Regulations of Director or designee., with citation guidance and answers to common questions.
§ 38-23-100. Regulations of Director or designee.
The director has the power to make and promulgate regulations necessary for the execution of the functions vested in him by Sections 38-23-20 through 38-23-90 including, but without limitation, regulations pertaining to and governing the solicitation of proxies, including financial reporting in connection therewith, with respect to the capital stock or other equity securities of any domestic stock insurer; he may, for these purposes, classify domestic insurers, securities, and other persons or matters within his jurisdiction. No provision of Sections 38-23-40 to 38-23-60 imposing any liability applies to any act done or omitted in good faith in conforming with any regulation of the department, notwithstanding that the regulation may, after the act or omission, be amended, rescinded, or determined by judicial or other authority to be invalid for any reason.
HISTORY: Former 1976 Code SECTION 35-9-90 [1962 Code SECTION 62-479; 1966 (54) 2146] recodified as SECTION 38-23-100 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 598.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-23-100
What does South Carolina Code of Laws § 38-23-100 cover?
Section 38-23-100 ("Regulations of Director or designee.") 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 § 38-23-100?
A common citation format is "South Carolina Code of Laws § 38-23-100" (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 § 38-23-100 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.