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TO APPROVE REGULATIONS OF THE DEPARTMENT OF INSURANCE, RELATING TO SOUTH CAROLINA PATIENTS' COMPENSATION FUND, DESIGNATED AS REGULATION DOCUMENT NUMBER 2823, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The regulations of the Department of Insurance, relating to South Carolina Patients' Compensation Fund, designated as Regulation Document Number 2823, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
The Board of Governors of the South Carolina Patients' Compensation Fund proposes to create Article II of Chapter 69, Regulation 69-65, South Carolina Patients' Compensation Fund (Fund) in order to address revisions to the Fund's Plan of Operations related to the purpose and powers of the Fund; indemnification for members of the Board of Governors; audit authority and requirements; conflicts of interest and appeals.
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