South Carolina Code 38-73-1280. Rules may not regulate certain payments
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 38-73-1280
- Premium: means payment given in consideration of a contract of insurance. See South Carolina Code 38-1-20
No rating organization may adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers.