South Carolina Legislature


Session 107 - (1987-1988)Printer Friendly
(pdf format)
S*1091 (Rat #0325, Act #0314 of 1988) General Bill, By Senate Banking and Insurance
Similar (S 0991, H 3449)
    A Bill to amend Sections 38-1-20, 38-9-100, 38-25-540, 38-25-550, 38-45-20, 38-45-30, 38-45-90, 38-45-110, 38-75-710, and 38-75-770, Code of Laws of South Carolina, 1976, relating to insurance, so as to define "admitted insurer", "eligible surplus lines insurer", "nonadmitted insurer", and "surplus lines insurance" and to regulate their use and activities, and to change provisions relating to security deposits; and to amend the 1976 Code by adding Sections 38-45-160 and 38-45-170 so as to regulate policy fees charged by brokers and to provide for the appointment of the Chief Insurance Commissioner as true and lawful attorney for service of process for eligible surplus lines insurers.
View full text
01/26/88Senate Introduced, read first time, placed on calendar without reference SJ-13
01/28/88Senate Read second time SJ-34
01/28/88Senate Ordered to third reading with notice of amendments SJ-34
02/02/88Senate Read third time and sent to House SJ-19
02/03/88House Introduced, read first time, placed on calendar without reference HJ-907
02/10/88House Debate adjourned until Thursday, February 11, 1988 HJ-1092
02/11/88House Read second time HJ-1110
02/11/88House Unanimous consent for third reading on next legislative day HJ-1112
02/12/88House Read third time and enrolled HJ-1168
02/18/88 Ratified R 325
02/24/88 Signed By Governor
02/24/88 Effective date 05/24/88
02/24/88 Act No. 314
02/24/88 See act for exception to or explanation of effective date
03/08/88 Copies available

Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v