Current Status Introducing Body:House Bill Number:3811 Primary Sponsor:Rudnick Committee Number:26 Type of Legislation:GB Subject:Insurers, audit of Residing Body:House Current Committee:Labor, Commerce and Industry Date Tabled:19940215 Computer Document Number:BBM/10159JM.93 Introduced Date:19930331 Last History Body:House Last History Date:19940215 Last History Type:Tabled in Committee Scope of Legislation:Statewide All Sponsors:Rudnick Stone Kirsh Meacham Moody-Lawrence Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
3811 House 19940215 Tabled in Committee 26
3811 House 19930331 Introduced, read first time, 26
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-13-15 SO AS TO AUTHORIZE THE CHIEF INSURANCE COMMISSIONER TO CONDUCT AN AUDIT, AT ANY TIME, OF ANY INSURER IN THIS STATE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-13-15. The Chief Insurance Commissioner may conduct, or have conducted, an audit, at any time, of any insurer doing business in this State when he considers it necessary."
SECTION 2. This act takes effect upon approval by the Governor.