2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 89 - DAY CARE JOINT UNDERWRITING ASSOCIATION
Section 38-89-30 - General powers.


SC Code § 38-89-30 (2012) What's This?

The association has the power on behalf of its members to:

(1) issue, or cause to be issued, policies of insurance to applicants including incidental coverages such as, but not limited to, premises or operations liability coverage on the premises where services are rendered, all subject to limits of liability as specified in the plan of operation but not to exceed five million dollars for all claimants under one policy in any one year;

(2) underwrite day care liability insurance and to adjust and pay losses with respect thereto or to appoint service companies to perform those functions;

(3) cede and assume reinsurance.

HISTORY: 1989 Act No. 189, Part II, Section 43 sub 17; 1993 Act No. 181, Section 845.

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