South Carolina § 38-61-40 - Compliance with standards for readability of certain contracts and policies; withdrawal of approval or certification on noncomplying documents.
Full text of South Carolina South Carolina Code of Laws § 38-61-40 — Compliance with standards for readability of certain contracts and policies; withdrawal of approval or certification on noncomplying documents., with citation guidance and answers to common questions.
§ 38-61-40. Compliance with standards for readability of certain contracts and policies; withdrawal of approval or certification on noncomplying documents.
All insurers licensed to transact insurance business in this State shall comply with the standards prescribed by regulation of the department. The director or his designee is empowered to withdraw approval or certification on all existing policies of commonly purchased insurance that do not comply with Section 38-61-30.
HISTORY: Former 1976 Code SECTION 38-3-62 [1978 Act No. 550 SECTION 3] recodified as SECTION 38-61-40 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 724; 2001 Act No. 82, SECTION 21, eff July 20, 2001.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-61-40
What does South Carolina Code of Laws § 38-61-40 cover?
Section 38-61-40 ("Compliance with standards for readability of certain contracts and policies; withdrawal of approval or certification on noncomplying documents.") 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 § 38-61-40?
A common citation format is "South Carolina Code of Laws § 38-61-40" (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 § 38-61-40 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.