South Carolina Statutes
§ 10-7-50 — Cancellation or reduction of insurance on abandoned school buildings.
South Carolina·Title 10 PUBLIC BUILDINGS AND PROPERTY·Ch. 7 INSURANCE ON PUBLIC BUILDINGS AND PROPERTY
If any school building be abandoned for use for school purposes, the board may cancel or reduce all insurance carried by it on such abandoned school building and its contents, and the board shall not be required to renew existing insurance or write any insurance on any such building and its contents, the use of which for school purposes has been discontinued; provided, that at least ten days before the cancellation or reduction of any such insurance the board shall give notice to the proper authorities that such cancellation or reduction is to be made.
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South Carolina § 10-7-50 (Cancellation or reduction of insurance on abandoned school buildings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 1-434; 1952 Code SECTION 1-434; 1942 Code SECTION 2182; 1936 (39) 1668.
Nearby Sections
15
§ 10-7-100
Payment of premiums.§ 10-7-120
Authority may reinsure.§ 10-7-130
Insurance reserve funds.§ 10-7-140
Reduction of premiums.§ 10-7-150
Renewals.§ 10-7-160
Value of buildings.§ 10-7-170
Amount of insurance.§ 10-7-180
Appraisers in case of loss or damage.§ 10-7-190
Payment of amount of award.§ 10-7-220
Inspectors.§ 10-7-230
Penalties.