South Carolina Legislature


Session 107 - (1987-1988)Printer Friendly
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S*0361 (Rat #0171, Act #0123 of 1987) General Bill, By Bryan
    A Bill to amend Section 15-78-140, as amended, Code of Laws of South Carolina, 1976, relating to the purchase of insurance by governmental entities pursuant to the South Carolina Tort Claims Act, so as to revise certain notice periods required to be given to the Budget and Control Board by a political subdivision before it can purchase or cancel its lines of insurance with the Board; and to amend Section 15-78-150, as amended, relating to the purchase of liability insurance by the Budget and Control Board, so as to provide that the Board in setting insurance premiums for governmental entities shall rate the policy according to the risks involved with the general class of the insured entity and to require the Budget and Control Board to develop a certain actuarial rating system plan which must be implemented by July 1, 1990.-amended title
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02/05/87Senate Introduced and read first time SJ-448
02/05/87Senate Referred to Committee on Banking and Insurance SJ-44
04/16/87Senate Recalled from Committee on Banking and Insurance SJ-1364
04/22/87Senate Amended SJ-1445
04/22/87Senate Read second time SJ-1447
04/23/87Senate Read third time and sent to House SJ-1492
04/28/87House Introduced and read first time HJ-2180
04/28/87House Referred to Committee on Judiciary HJ-2181
05/06/87House Committee report: Favorable Judiciary HJ-2440
05/13/87House Read second time HJ-2652
05/14/87House Read third time and enrolled HJ-1714
05/27/87 Ratified R 171
06/02/87 Signed By Governor
06/02/87 Effective date 06/02/87
06/02/87 Act No. 123
06/11/87 Copies available

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