The director or his designee and the Attorney General shall remove from the list of surety insurers whose bonds are acceptable under Section 38-15-10 the names of insurers who in their judgment fail or refuse to carry out promptly their obligations in good faith.
Withdrawal of special authority for writing certain bonds
S.C. Code Ann. § 38-15-20, under Title 38, Chapter 15.
S.C. Code Ann. § 38-15-20