As applicable, an insurer that issued a reimbursement insurance policy may not terminate the policy until a notice of termination in accordance with Chapter 75 of this title has been mailed or delivered to the director. The termination of a reimbursement insurance policy does not reduce the issuer's responsibility for service contracts issued by providers before the date of the termination.
HISTORY: 2000 Act No. 330, Section 2.
Structure South Carolina Code of Laws
Chapter 78 - Service Contracts
Section 38-78-10. Purpose of chapter; applicability; motor vehicle manufacturer's service contracts.
Section 38-78-20. Definitions.
Section 38-78-40. Reimbursement insurance policies.
Section 38-78-50. Service contracts; required provisions.
Section 38-78-70. Provider to maintain accounts, books, and records.
Section 38-78-80. Termination of reimbursement insurance policy.