South Carolina § 38-69-10 - Circulation of false or misleading information by insurers.
Full text of South Carolina South Carolina Code of Laws § 38-69-10 — Circulation of false or misleading information by insurers., with citation guidance and answers to common questions.
§ 38-69-10. Circulation of false or misleading information by insurers.
No insurer doing business in this State and no officer, director, or agent of it may issue or circulate or cause or permit to be issued or circulated any estimate, illustration, circular, or statement of any sort misrepresenting the terms of any annuity issued by it, the benefits or advantages promised thereby, or the dividends or shares of surplus to be received thereon or may use any name or title of any annuity or class of annuities misrepresenting the true nature thereof. Violation of this section by an agent or officer of an insurer is a misdemeanor. If an insurer violates or participates in the violation of this section, the insurer is subject to the penalty provisions of Section 38-2-10.
HISTORY: Former 1976 Code SECTION 38-9-40 [1947 (45) 322; 1952 Code SECTION 37-144; 1962 Code SECTION 37-144] recodified as SECTION 38-69-10 by 1987 Act No. 155, SECTION 1; 1988 Act No. 374, SECTION 36.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-69-10
What does South Carolina Code of Laws § 38-69-10 cover?
Section 38-69-10 ("Circulation of false or misleading information by insurers.") 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 § 38-69-10?
A common citation format is "South Carolina Code of Laws § 38-69-10" (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 § 38-69-10 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.