Current Status Introducing Body:Senate Bill Number:970 Primary Sponsor:Saleeby Committee Number:02 Type of Legislation:GB Subject:Property and casualty insurance guaranty association Residing Body:Senate Current Committee:Banking and Insurance Computer Document Number:BBM/10780JM.94 Introduced Date:19940111 Last History Body:Senate Last History Date:19940111 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Saleeby Land McConnell Courtney Rankin Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
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970 Senate 19940111 Introduced, read first time, 02
referred to Committee
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TO AMEND SECTION 38-31-60, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE POWERS AND DUTIES OF THE SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION, SO AS TO PROVIDE THAT, WITH RESPECT TO THE POWER TO SUE OR BE SUED, ANY ACTION BROUGHT DIRECTLY AGAINST THE ASSOCIATION MUST BE BROUGHT AGAINST THE ASSOCIATION IN THE STATE OF SOUTH CAROLINA AS A CONDITION PRECEDENT TO RECOVERY DIRECTLY AGAINST THE ASSOCIATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-31-60(j) of the 1976 Code is amended to read:
"(j) may sue or be sued; provided, however, that any action brought directly against the association must be brought against the association in the State of South Carolina as a condition precedent to recovery directly against the association;".
SECTION 2. This act takes effect upon approval by the Governor.