S.C. Code Regs. 28-1100 - Prepaid Legal Services Certificate of Registration
A. DEFINITIONS
(1) Definitions shall be those contained in
S.C. Code Ann. S. 37-16-10 et seq. (1976 as amended) and the following:
(a) "Administrator" means the officer
appointed by the Commission on Consumer Affairs pursuant to Title 37, Chapter
6.
(b) "Representative" means an
individual who performs direct selling or direct in-person or electronic
solicitation of South Carolina citizens on behalf of a prepaid legal services
company.
B.
REGISTRATION OF PREPAID LEGAL COMPANY
(1) All
persons or entities wishing to offer prepaid legal services to the general
public or a segment of the general public in this State must first obtain a
Certificate of Registration from the Administrator. Initial applications for
the Certificate shall be made on a form prescribed by the
Administrator.
(2) Certificates of
Registration expire on March 1. The renewal period will be between February 1
and March 1 of each year. Renewal applications shall be made on a form
prescribed by the Administrator and must be accompanied by a copy of the
company's most recent financial statement certified by two principal officers
of the company, or in the case of partnerships or sole proprietorships, by a
partner or the proprietor.
C. PREPAID LEGAL REPRESENTATIVES
(1) Prepaid legal representatives must be
registered with the Administrator before commencing any sales or solicitation
activity in this State. Each representative must submit an application for
registration on a form prescribed by the Administrator.
(2) Companies shall appoint representatives
and pay a non-refundable fee for each representative appointed.
(3) A prepaid legal representative's
Certificate of Registration expires on October 1. The renewal period will be
between August 1 and October 1 of each year. Renewal applications shall be made
on forms prescribed by the Administrator.
(4) When a prepaid legal representative's
appointment is terminated, the company must notify the Administrator within
thirty days of termination on a form prescribed by the Administrator.
Notes
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