South Carolina Statutes
§ 42-9-301 — Lump-sum payments.
South Carolina § 42-9-301
This text of South Carolina § 42-9-301 (Lump-sum payments.) 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. § 42-9-301 (2026).
Text
Whenever any weekly payment has been continued for not less than six weeks, the liability therefor may, when the employee so requests and the commission deems it not to be contrary to the best interest of the employee or his dependents, or when it will prevent undue hardship on the employer or his insurance carrier, without prejudicing the interest of the employee or his dependents, be redeemed, in whole or in part, by the payment by the employer of a lump sum which shall be fixed by the commission, but in no case to be less than ninety percent of, nor to exceed, the commutable value of the future installments commuted so as not to exceed six percent nor to be less than two percent. The commission, however, in its discretion, may at any time in the case of a minor who has received permanen
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Legislative History
HISTORY: 1983 Act No. 92 SECTION 5. Editor's Note Prior Laws: Former SECTION 42-9-300 was titled Lump-sum payments, and had the following history: 1936 (39) 1231; 1937 (30) 613; 1942 Code SECTION 7035-47; 1952 Code SECTION 72-181; 1962 Code 72-181; repealed by 1983 Act No. 92, SECTION 6.
Nearby Sections
15
§ 42-9-200
Dates on which compensation commences.§ 42-9-220
Manner in which compensation paid.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 42-9-301, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/9/42-9-301.