Bill 548

                    Current Status

Bill Number:               548
Ratification Number:       323
Act Number                 313
Introducing Body:          Senate
Subject:                   Workers Compensation; lump sums

(A313, R323, S548)

AN ACT TO AMEND SECTION 42-9-310, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO WORKERS' COMPENSATION AND THE PROVISION THAT TRUSTEES MAY ADMINISTER LUMP-SUM SETTLEMENTS, SO AS TO DELETE AN OBSOLETE REFERENCE TO THE LUMP-SUM STATUTE AND REPLACE IT WITH THE CORRECT REFERENCE.

Be it enacted by the General Assembly of the State of South Carolina:

Workers' compensation; lump sums; reference changed

SECTION 1. Section 42-9-310 of the 1976 Code is amended to read:

"Section 42-9-310. Whenever the Commission considers it expedient, any lump sum subject to the provisions of Section 42-9-301 must be paid by the employer to some suitable person or corporation appointed by a court of competent jurisdiction in the county wherein the accident occurred, as trustee, to administer it for the benefit of the person entitled thereto, in the manner provided by the Commission. When the amount to be paid under this section is in excess of one hundred dollars, the trustee is required to give sufficient bond approved by the probate court or clerk of the court of common pleas. The receipt of the trustee for the amount as paid discharges the employer or anyone else who is liable therefor."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.