There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 79 - MEDICAL MALPRACTICE INSURANCE
Section 38-79-40 - Employment and compensation restrictions on members of board of Joint Underwriting Association and Board of Governors of Patients' Compensation Fund; exception.
SC Code § 38-79-40 (2012) What's This?
(A) A person who serves on the Board of the Joint Underwriting Association or the Board of Governors of the Patients' Compensation Fund is prohibited from being employed in any manner or compensated by the Joint Underwriting Association or the Patients' Compensation Fund, and this prohibition continues for one year after the person ceases to be a member of the board.
(B) No provision of this section may be construed to prohibit an insurance agent from selling insurance products from the association or from receiving commissions as a result of selling insurance products from the association.
HISTORY: 2005 Act No. 32, Section 6, eff July 1, 2005, for causes of action arising after that date.
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