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Indicates Matter Stricken
Indicates New Matter
S. 422
STATUS INFORMATION
General Bill
Sponsors: Senator Scott
Document Path: l:\council\bills\nbd\11174cz19.docx
Companion/Similar bill(s): 3618
Introduced in the Senate on January 24, 2019
Currently residing in the Senate Committee on Banking and Insurance
Summary: Insurance
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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1/24/2019 Senate Introduced and read first time (Senate Journal-page 13)
1/24/2019 Senate Referred to Committee on Banking and Insurance
(Senate Journal-page 13)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-75-70 SO AS TO PROVIDE THAT AN INSURER MAY NOT DENY A CLAIM ARISING FROM A LEAK UNDER CERTAIN CIRCUMSTANCES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 75, Title 38 of the 1976 Code is amended by adding:
"Section 38-75-70. An insurer may not deny a claim arising from a leak on the basis of the leak occurring over an extended period of time unless the insured had actual knowledge of the leak and failed to undertake actions to repair or replace the source of the leak."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
January 30, 2019 at 1:15 PM