A depositing insurer may exchange for the deposited securities, or any of them, other securities eligible for deposit under Sections 38-9-80 to 38-9-140 if, in the opinion of the director or his designee, the aggregate value of the deposit will not be reduced below the amount required by law.
Exchange of deposited securities
S.C. Code Ann. § 38-9-120, under Title 38, Chapter 9.
S.C. Code Ann. § 38-9-120