South Carolina § 38-73-970 Effective date for specially rated inland marine rates.

South Carolina Statutes

§ 38-73-970 — Effective date for specially rated inland marine rates.

South Carolina·Title 38 INSURANCE·Ch. 73 PROPERTY, CASUALTY, INLAND MARINE, AND SURETY RATES AND RATE-MAKING ORGANIZATIONS

Specific inland marine rates on risks specially rated by a rating organization become effective when filed and are considered to meet the requirements of this chapter until the time the director or his designee reviews the filing and so long thereafter as the filing remains in effect.

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Legislative History

HISTORY: Former 1976 Code SECTION 38-43-650 [1947 (45) 322; 1952 Code SECTION 37-695; 1962 Code SECTION 37-695] recodified as SECTION 38-73-970 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.