South Carolina General Assembly
106th Session, 1985-1986

Bill 3748

                    Current Status

Bill Number:               3748
Ratification Number:       439
Act Number:                401
Introducing Body:          House
Subject:                   Relating to property and liability
                           insurance
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A401, R439, H3748)

AN ACT AMEND SECTION 37-4-301, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY AND LIABILITY INSURANCE, SO AS TO PROVIDE THAT ANY CHARGE FOR INSURANCE AGAINST LOSS OF OR DAMAGE TO PROPERTY MAY BE SUBJECT TO A MINIMUM CHARGE OF TWO DOLLARS.

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

Minimum charge

SECTION 1. Section 37-4-301 of the 1976 Code, as last amended by Act 127 of 1985, is further amended by adding:

"(3) Any charge for insurance against loss of or damage to property may be subject to a minimum charge of two dollars."

Time effective

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