S.C. Code § 38-19-460

Current through 2024 Act No. 225.

Section 38-19-460 - Enforcement of contingent liability on assessment premium plan

The contingent liability of members of a domestic mutual insurer doing business on the assessment premium plan must be called upon and enforced by its directors as provided in its bylaws.

S.C. Code § 38-19-460

1962 Code Section 37-406] recodified as Section 38-19-460 by 1987 Act No. 155, Section 1; 1952 Code Section 37-406; Former 1976 Code Section 38-11-660 [1947 (45) 322.