Existing insurance; choice of insurer.

S.C. Code Ann. § 37-4-109
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
If a creditor requires insurance, upon notice to the creditor the debtor shall have the option of providing the required insurance through an existing policy of insurance owned or controlled by the debtor, or through a policy to be obtained and paid for by the debtor, but the creditor may for reasonable cause decline the insurance provided by the debtor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t37c004.phpFetched: 10/17/2026

Starting a business in South Carolina? South Carolina LLC guide: costs and requirements

S.C. Code Ann. § 37-4-109 — Existing insurance; choice of insurer | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus