South Carolina § 38-63-20 - Misrepresentations to induce termination or conversion of life insurance policies.

Full text of South Carolina South Carolina Code of Laws § 38-63-20 — Misrepresentations to induce termination or conversion of life insurance policies., with citation guidance and answers to common questions.

§ 38-63-20. Misrepresentations to induce termination or conversion of life insurance policies.

No insurer, or its employee or agent, may make any misleading representations or incomplete or fraudulent comparisons of any life insurance policies or insurers for the purpose of inducing, or which may tend to induce, any person to lapse, forfeit, surrender, terminate, return, or convert any life insurance policy.

HISTORY: Former 1976 Code SECTION 38-63-20 [1985 Act No. 189, SECTION 1] recodified as SECTION 38-53-20 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-9-50 [1956 (49) 1814; 1962 Code SECTION 37-144.1]; recodified as SECTION 38-63-20 by 1987 Act No. 155, SECTION 1; 1988 Act No. 374, SECTION 33.

Source: official South Carolina text · Last verified 2026-08-27

Frequently Asked Questions About South Carolina § 38-63-20

What does South Carolina Code of Laws § 38-63-20 cover?

Section 38-63-20 ("Misrepresentations to induce termination or conversion of life insurance policies.") 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 § 38-63-20?

A common citation format is "South Carolina Code of Laws § 38-63-20" (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 § 38-63-20 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.