S.C. Code § 38-69-110

Current through 2024 Act No. 225.

Section 38-69-110 - No defenses allowed if application not attached to annuity contract; oral applications

If the insurer does not deliver with an annuity contract issued by it a copy of the application made by the insured, no defense is allowed to that annuity on account of anything contained in or omitted from the application. If the annuity is issued upon an oral application, no defense is allowed to the contract on account of anything contained in, or omitted from, the oral application.

1980 Act No. 305, Section 1] recodified as Section 38-69-110 by 1987 Act No. 155, Section 1; 1962 Code Section 37-146; 1952 Code Section 37-146; 1949 (46) 600; Former 1976 Code Section 38-9-70 [1947 (45) 322.