Current Status Introducing Body:Senate Bill Number:1046 Primary Sponsor:Rose Committee Number:02 Type of Legislation:GB Subject:Insurance Advisory Committee, membership Residing Body:Senate Current Committee:Banking and Insurance Computer Document Number:BBM/9557.JM Introduced Date:Sep 23, 1991 Last History Body:Senate Last History Date:Sep 23, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Rose Type of Legislation:General Bill
Bill Body Date Action Description CMN
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1046 Senate Sep 23, 1991 Introduced, read first time, 02
referred to Committee
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TO AMEND SECTION 38-3-90, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ADVISORY COMMITTEE TO THE STATE INSURANCE COMMISSION, SO AS TO INCREASE THE MEMBERSHIP OF THE ADVISORY COMMITTEE FROM FIVE TO NINE BY ADDING FOUR MEMBERS FROM THE GENERAL PUBLIC WHO ARE CONSUMERS AND NOT CONNECTED WITH THE INSURANCE INDUSTRY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-3-90 of the 1976 Code is amended to read:
"Section 38-3-90. The Governor, with the advice and consent of the Senate, shall appoint an advisory committee of five nine residents of this State to advise and consult with the Commission concerning the policies formulated by the Commission and the operation and administration of this title. The advisory committee consists of four members of the general public at large who are consumers and not in any way connected with the insurance industry and of the following competing segments of the insurance industry: one member from the life insurance field; one member from the accident and health field; one member from the property and casualty field; one member who is an agent primarily engaged in the life and accident and health insurance field; and one member who is an agent primarily engaged in the property and casualty field. The advisory committee may be in attendance at each public meeting of the Commission but must have at least one member in attendance at each public meeting. The advisory committee may not attend executive sessions of the Commission. The advisory committee members shall serve a period coterminous with the term of the Governor. The members of the advisory committee may receive no compensation, mileage, subsistence, or per diem for their services. Any vacancy in office must be filled by the Governor by appointment."
SECTION 2. This act takes effect upon approval by the Governor.