S.C. Code § 38-79-200

Current through 2024 Act No. 225.

Section 38-79-200 - Rate increase or assessment authorized

The association is authorized to provide a rate increase, assessment as provided in Section 38-79-220 or a combination thereof on policyholders which is subject to the approval of the director, or his designee, to reduce the deficit and to maintain rate adequacy.

S.C. Code § 38-79-200

Amended by 2022 S.C. Acts, Act No. 195 (HB 4832),s 10, eff. 5/16/2022.

Amended by 2019 S.C. Acts, Act No. 67 (HB 3760),s 1, eff. 5/16/2019.

1993 Act No. 181, Section 830; 1987 Act No. 155, Section 1.