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3258Ratification Number: 523Act Number: 330Introducing Body: HouseSubject: Relating to mutual benevolent aid associations and assessments made by those associations
(A330, R523, H3258)
AN ACT TO AMEND SECTION 38-23-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MUTUAL BENEVOLENT AID ASSOCIATIONS AND ASSESSMENTS MADE BY THOSE ASSOCIATIONS, SO AS TO PROVIDE THAT, ALTERNATIVELY, ASSESSMENTS MAY BE MADE AT THE TIME AN INDIVIDUAL BECOMES A MEMBER.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-23-30 of the 1976 Code is amended to read:
"Section 38-23-30. Assessments must be made by any mutual association at the time an individual becomes a member or at the time of death or sickness of a member and for the purpose of paying benefits due the member because of death or sickness."
SECTION 2. This act shall take effect upon approval by the Governor.