South Carolina General Assembly
125th Session, 2023-2024
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Indicates Matter Stricken
Indicates New Matter
Sponsors: Reps. Hardee, Bannister, Collins, West, Oremus, Jordan, Sandifer, Vaughan, Trantham, Yow and Mitchell
Document Path: LC-0150PH23.docx
Introduced in the House on January 26, 2023
Currently residing in the House
HISTORY OF LEGISLATIVE ACTIONS
|Date||Body||Action Description with journal page number|
|1/26/2023||House||Introduced and read first time (House Journal-page 9)|
|1/26/2023||House||Referred to Committee on Labor, Commerce and Industry (House Journal-page 9)|
|1/31/2023||House||Member(s) request name added as sponsor: Bannister, Collins, West, Oremus, Jordan|
|2/1/2023||House||Member(s) request name added as sponsor: Sandifer, Vaughan, Trantham|
|2/7/2023||House||Member(s) request name added as sponsor: Yow, Mitchell|
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-75-1000, RELATING TO COMMISSION PAID BY A TITLE INSURER, SO AS TO REMOVE THE CAP ON THE COMMISSION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-75-1000 of the S.C. Code is amended to read:
Section 38-75-1000. A title insurer may not pay a commission, directly or indirectly, of greater than sixty percent on a title insurance policy.
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on September 8, 2023 at 11:44 AM