Rules may not regulate certain payments.

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Property, Casualty, Inland Marine, And Surety Rates And Rate-making Organizations
  5. Rules may not regulate certain payments.

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No rating organization may adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers.

HISTORY: Former 1976 Code Section 38-43-980 [1947 (45) 322; 1952 Code Section 37-728; 1962 Code Section 37-728] recodified as Section 38-73-1280 by 1987 Act No. 155, Section 1; 1993 Act No. 181, Section 783.


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