South Carolina General Assembly
104th Session, 1981-1982

Bill 919


                    Current Status

Bill Number:               919
Ratification Number:       464
Act Number                 378
Introducing Body:          Senate
Subject:                   Relating to increasing the initial charge
                           per premium service contract by insurance
                           premium service companies
View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A378, R464, S919)

AN ACT TO AMEND SECTION 38-27-90, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO SERVICE CHARGES BY INSURANCE PREMIUM SERVICE COMPANIES, SO AS TO INCREASE THE INITIAL CHARGE PER PREMIUM SERVICE CONTRACT FROM TEN DOLLARS TO FIFTEEN DOLLARS.

Be it enacted by the General Assembly of the State of South Carolina:

Initial charge

Section 1. Subsection (d) of Section 38-27-90 of the 1976 Code is amended by deleting the word "ten" on line one and inserting "fifteen". The subsection as amended shall read:

"(d) There shall be permitted an initial charge of fifteen dollars per premium service contract which shall not be refunded upon cancellation or prepayment."

Time effective

Section 2. This act shall take effect upon the approval by the Governor.