South Carolina Code of Laws
Title 38 - Insurance
Chapter 89 - Day Care Joint Underwriting Association

Section 38-89-10. Definitions. - As used in this chapter: (1) "Association" means a joint...

Section 38-89-20. Joint underwriting association created; purpose; when activated. - (A) A joint underwriting association is created, consisting of all...

Section 38-89-30. General powers. - The association has the power on behalf of its members...

Section 38-89-40. Plan of operation. - (A) Not less than thirty nor more than ninety days...

Section 38-89-50. Application for coverage; issuance of policy. - Upon the activation of the plan of operation, a day...

Section 38-89-60. Duty of director to gather statistical data. - The director or his designee shall obtain complete statistical data...

Section 38-89-70. Consideration of investment income in structuring rates and determining profit or loss. - In structuring rates for day care liability insurance and determining...

Section 38-89-80. Filing of policy forms, classifications, rates, rating plans, and rating rules. - Within a time that the director or his designee directs,...

Section 38-89-90. Policy forms; rate structure. - (A) The director or his designee shall specify whether policy...

Section 38-89-100. Rate increase subject to director's approval. - The association may provide a rate increase or assessment subject...

Section 38-89-110. Deficit to be recouped. - A deficit sustained by the association in a year must...

Section 38-89-120. Basis for rates; insufficient funds for operation. - After the initial year of operation, rates, rating plans, and...

Section 38-89-130. Participation of association members. - All insurers which are members of the association shall participate...

Section 38-89-140. Plan of operation and rules binding on association members. - Every member of the association is bound by the approved...

Section 38-89-150. Effect of termination of association member's authority; merger; insolvency. - (A) If the authority of an insurer to transact bodily...

Section 38-89-160. Board of directors. - The association is governed by a board of seven directors,...

Section 38-89-170. Appeal to commission. - An applicant for insurance through the association, a person insured...

Section 38-89-180. Statement to be filed by association. - The association shall file in the office of the Department...

Section 38-89-190. Examination of financial condition; annual report. - The director or his designee shall make an examination into...