S 0471 General Bill, By Saleeby, Land, McConnell, M.F. Mullinax and T.H. Pope
    A Bill to amend the Code of Laws of South Carolina, 1976, by adding Sections 38-9-200, 38-9-210, and 38-9-220 so as to provide reinsurance credits and liability reductions allowed for domestic ceded insurers and to define terms; to amend Section 38-9-170, relating to unearned premium reserves of insurers, so as to revise the circumstances under which deductions may be made from reserves; and to amend Section 38-9-190, relating to loss and claim reserves of insurers, so as to revise the circumstances under which credit for reinsurance is allowed as an asset or a deduction from reserves.
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01/15/91	Senate	Introduced and read first time SJ-9
01/15/91	Senate	Referred to Committee on Banking and Insurance