Life insurer loan to policyholder.

S.C. Code Ann. § 38-12-310
in effect
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A life insurer may lend to a policyholder on the security of the cash surrender value of the policyholder's policy a sum not exceeding the legal reserve the insurer is required to maintain on the policy.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t38c012.phpFetched: 10/17/2026

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