South Carolina § 38-27-90 - Bonds.
Full text of South Carolina South Carolina Code of Laws § 38-27-90 — Bonds., with citation guidance and answers to common questions.
§ 38-27-90. Bonds.
In any proceeding under this chapter, the director and his designee(s) are responsible on their official bonds for the faithful performance of their duties. If the court considers it desirable for the protection of the assets, it may at any time require an additional bond from the director or his designee(s). These bonds must be paid for out of the assets of the insurer as a cost of administration.
HISTORY: Former 1976 Code SECTION 38-27-90 [1962 Code SECTION 37-1309; 1967 (55) 273; 1971 (57) 709, 937; 1980 Act No. 455; 1982 Act No. 378; 1983 Act No. 34; 1985 Act No. 37] recodified as SECTION 38-39-80 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-5-1870 [1982 Act No. 384, SECTION 7] recodified as SECTION 38-27-90 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 609.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-27-90
What does South Carolina Code of Laws § 38-27-90 cover?
Section 38-27-90 ("Bonds.") 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 § 38-27-90?
A common citation format is "South Carolina Code of Laws § 38-27-90" (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 § 38-27-90 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.