South Carolina Legislature


Session 109 - (1991-1992)Printer Friendly
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H*4141 (Rat #0297, Act #0280 of 1992) General Bill, By J.J. Bailey, R.S. Corning, J.T. McElveen, Quinn and Scott
    A Bill to amend Section 38-9-80, Code of Laws of South Carolina, 1976, relating to certificates of deposit or securities required of insurers, so as to authorize the Insurance Commissioner to require deposits in excess of the limits in the Section; to amend Section 38-9-100, relating to conditions under which deposits are not necessary, so as to authorize the Commissioner to require a deposit of qualified insurers instead of requiring the insurer to be relieved of making the deposit; and to amend Section 38-33-130, relating to security deposits and other requirements for health maintenance organizations, so as to require the organizations to satisfy the requirements applicable to an insurer for the return of deposited securities.
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01/14/92House Introduced and read first time HJ-193
01/14/92House Referred to Committee on Labor, Commerce and Industry HJ-194
02/12/92House Committee report: Favorable Labor, Commerce and Industry HJ-5
02/19/92House Read second time HJ-21
02/20/92House Read third time and sent to Senate HJ-12
02/25/92Senate Introduced, read first time, placed on calendar without reference SJ-14
02/26/92Senate Read second time SJ-9
02/26/92Senate Unanimous consent for third reading on next legislative day SJ-9
02/27/92Senate Read third time and enrolled SJ-14
03/04/92 Ratified R 297
03/10/92 Signed By Governor
03/10/92 Effective date 03/10/92
03/10/92 Act No. 280
04/07/92 Copies available

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