§ 38-73-530

S.C. Code Ann. § 38-73-530

Competitive rate on specific risk

Former 1976 Code SECTION 38-43-450 [1947 (45) 322; 1952 Code SECTION 37-685; 1962 Code SECTION 37-685] recodified as SECTION 38-73-530 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.

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The director or his designee may, upon the filing with him of an affidavit setting forth information required by him, grant permission to a licensed insurer to make a rate competing with any nonlicensed insurer in any specific risk.

HISTORY: Former 1976 Code SECTION 38-43-450 [1947 (45) 322; 1952 Code SECTION 37-685; 1962 Code SECTION 37-685] recodified as SECTION 38-73-530 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 783.