South Carolina Statutes
§ 38-73-1510 — "Advisory organization" defined.
South Carolina·Title 38 INSURANCE·Ch. 73 PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS
Every group, association, or other organization of insurers, whether located within or outside this State, which assists insurers which make their own filings or rating organizations in rate making by the collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not make filings under this chapter, is known as an "advisory organization".
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Legislative History
HISTORY: Former 1976 Code SECTION 38-43-1210 [1947 (45) 322; 1952 Code SECTION 37-741; 1962 Code SECTION 37-741] recodified as SECTION 38-73-1510 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.
Nearby Sections
15
§ 38-73-10
Declaration of purpose; construction.§ 38-73-1020
Disapproval after applicable review period.§ 38-73-1085
Factors affecting premium rates.§ 38-73-1090
Determination of discrimination and removal.§ 38-73-1097
Applicability of certain provisions.§ 38-73-110
Suspension of license.