South Carolina Statutes
§ 38-17-110 — "Net annual advance premiums or deposits" defined.
"Net annual advance premiums or deposits", as used in this chapter, means the advance premiums or deposits made by subscribers after deducting the amounts specifically provided in the subscribers' agreements for expenses.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-17-110 [1962 Code SECTION 37-572; 1972 (57) 2776] recodified as SECTION 38-29-110 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-45-110 [1947 (45) 322; 1952 Code SECTION 37-811; 1962 Code SECTION 37-811] recodified as SECTION 38-17-110 by 1987 Act No. 155, SECTION 1.
Nearby Sections
15
§ 38-17-100
Maintenance of assets and guaranty fund.§ 38-17-130
Exchanges may sue and be sued.§ 38-17-140
Exchanges subject to examinations.§ 38-17-150
Annual report of business.§ 38-17-160
Fees, taxes, and bond of attorney.§ 38-17-40
Maximum liability of subscribers.§ 38-17-50
Deposit of securities.§ 38-17-70
Annual certificate of authority.