South Carolina § 38-39-20 - License required; fee; interrogatories.
Full text of South Carolina South Carolina Code of Laws § 38-39-20 — License required; fee; interrogatories., with citation guidance and answers to common questions.
§ 38-39-20. License required; fee; interrogatories.
(a) No person may engage in the business of servicing insurance premiums in this State without first obtaining a license from the director or his designee. Any person who engages in the business of servicing insurance premiums in this State without obtaining a license is guilty of a misdemeanor. Each transaction constitutes a separate offense.
(b) The biennial license fee is one thousand dollars payable to the department by March 1, 2010, and biennially after that time. These funds are to be deposited in the general fund of the State.
(c) The person to whom the license is issued shall file sworn answers, subject to the penalties of perjury, to any interrogatories the director or his designee may require. The director or his designee has authority to require the applicant to disclose the identity of all stockholders, partners, officers, and employees. He may refuse to issue or renew a license in the name of any firm, partnership, or corporation if he is not satisfied that any officer, employee, stockholder, or partner of it who may materially influence the applicant's conduct meets the standards of this chapter.
HISTORY: Former 1976 Code SECTION 38-39-20 [1962 Code SECTION 37-771; 1971 (57) 744] recodified as SECTION 38-75-320 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-27-30 [1962 Code SECTION 37-1303; 1967 (55) 273; 1971 (57) 709; 1985 Act No. 4, SECTION 1] recodified as SECTION 38-39-20 by 1987 Act No. 155, SECTION 1; 1988 Act No. 374, SECTION 14; 1993 Act No. 181, SECTION 653; 2009 Act No. 69, SECTION 2, eff June 2, 2009.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-39-20
What does South Carolina Code of Laws § 38-39-20 cover?
Section 38-39-20 ("License required; fee; interrogatories.") 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 § 38-39-20?
A common citation format is "South Carolina Code of Laws § 38-39-20" (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 § 38-39-20 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.