S.C. Code § 38-29-170

Current through 2024 Act No. 225.

Section 38-29-170 - Immunity from liability for action taken under chapter

There is no liability on the part of, and no cause of action of any nature may arise against, any member insurer or its agents or employees, the association's agents or employees, members of the board of directors, or the director or his representatives for any action taken or omission by them in the authorized performance of their powers and duties under this chapter. This section does not relieve the association of any of its statutory obligations. The immunity extends to the participation in an organization of one or more state associations of similar purposes and to such organization, its agents, and employees.

S.C. Code § 38-29-170

Amended by 2020 S.C. Acts, Act No. 121 (SB 580),s 1, eff. 3/24/2020.

1993 Act No. 181, Section 631; 1988 Act No. 379, Section 3; 1972 (57) 2776] recodified as Section 38-29-170 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-17-170 [1962 Code Section 37-578; 1986 Act No. 426, Section 12] recodified as Section 38-21-180 by 1987 Act No. 155, Section 1; 1971 (57) 351; Former 1976 Code Section 38-29-170 [1962 Code Section 37-1415.

2020 Act No. 121, Section 1.B, provides as follows:

"[1.]B. The amendments made by this act do not apply to a member insurer that has been placed under an order of rehabilitation or liquidation before July 1, 2020."