South Carolina Code 38-45-55. Revenue
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 38-45-55
- Premium: means payment given in consideration of a contract of insurance. See South Carolina Code 38-1-20
The revenue collected from the broker’s premium tax rate imposed pursuant to the provisions of Sections 38-45-20(5), 38-45-30(4), and 38-45-190, must be credited to a special earmarked fund, distinct from the general fund, and expended only for the purposes provided in this chapter.