Current Status Introducing Body:House Bill Number:4253 Primary Sponsor:Rudnick Committee Number:02 Type of Legislation:GB Subject:Insurance Commissioner, Chief; audit Residing Body:Senate Current Committee:Banking and Insurance Computer Document Number:436/12002.DW Introduced Date:Jan 22, 1992 Last History Body:Senate Last History Date:Feb 26, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Rudnick Byrd Kirsh McGinnis Type of Legislation:General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 4253 Senate Feb 26, 1992 Introduced, read first time, 02 referred to Committee 4253 House Feb 25, 1992 Read third time, sent to Senate 4253 House Feb 20, 1992 Read second time 4253 House Feb 19, 1992 Committee Report: Favorable 26 4253 House Jan 22, 1992 Introduced, read first time, 26 referred to CommitteeView additional legislative information at the LPITS web site.
COMMITTEE REPORT
February 19, 1992
H. 4253
Introduced by REPS. Rudnick, Byrd, Kirsh and McGinnis
S. Printed 2/19/92--H.
Read the first time January 22, 1992.
To whom was referred a Bill (H. 4253), to amend the Code of Laws of South Carolina, 1976, by adding Section 38-13-15 so as to authorize the Chief Insurance Commissioner to conduct an audit, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
THOMAS C. ALEXANDER, for Committee.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-13-15 SO AS TO AUTHORIZE THE CHIEF INSURANCE COMMISSIONER TO CONDUCT AN AUDIT, AT ANY TIME, OF ANY INSURER IN THIS STATE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-13-15. The Chief Insurance Commissioner may conduct, or have conducted, an audit, at any time, of any insurer doing business in this State when he considers it necessary."
SECTION 2. This act takes effect upon approval by the Governor.