South Carolina § 38-63-650 Operative date of article.

South Carolina Statutes

§ 38-63-650 — Operative date of article.

South Carolina § 38-63-650

Title 38INSURANCE

Ch. 63INDIVIDUAL LIFE INSURANCE

This text of South Carolina § 38-63-650 (Operative date of article.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 38-63-650 (2026).

Text

An insurer may file with the department a written notice of its election to comply with the provisions of this article after a specified date before January 1, 1966. After the filing of the notice, then upon the specified date, which shall be the operative date for that insurer, this article becomes operative with respect to the policies thereafter issued by the insurer. If an insurer makes no election, the operative date of this article for that insurer is January 1, 1966.

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An insurer may file with the department a written notice of its election to comply with the provisions of this article after a specified date before January 1, 1966. After the filing of the notice, then upon the specified date, which shall be the operative date for that insurer, this article becomes operative with respect to the policies thereafter issued by the insurer. If an insurer makes no election, the operative date of this article for that insurer is January 1, 1966.

Legislative History

HISTORY: Former 1976 Code SECTION 38-7-120 [1960 (51) 1554; 1962 Code SECTION 37-175.7] recodified as SECTION 38-63-650 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 733.