South Carolina Statutes
§ 38-101-10 — Intent of chapter.
It is the intent of this chapter to foster innovative flood insurance coverages providing insurers the ability to test products in the market and consumers greater choice for flood insurance coverage.
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South Carolina § 38-101-10 (Intent of chapter.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2020 Act No. 166 (S.882), SECTION 2, eff November 27, 2020. Editor's Note 2020 Act No. 166, SECTION 3, provides as follows: "SECTION 3. This act becomes effective sixty days following approval by the Governor. Insurers that are writing private flood insurance at the time of enactment have an additional one hundred twenty days to come into compliance with the requirements of this act."
Nearby Sections
14
§ 38-101-10
Intent of chapter.§ 38-101-100
Controlling law.§ 38-101-110
Certification of policy that equals or exceeds flood coverage offered by NFIP; misrepresentation.§ 38-101-130
Renewal of policy.§ 38-101-20
Definitions.§ 38-101-30
Issuance of policies.§ 38-101-50
Required filings with director; filing of prospective loss cost and supplementary rate information.