There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 89 - DAY CARE JOINT UNDERWRITING ASSOCIATION
Section 38-89-70 - Consideration of investment income in structuring rates and determining profit or loss.
SC Code § 38-89-70 (2012) What's This?
In structuring rates for day care liability insurance and determining the profit or loss of the association in respect to the insurance, consideration must be given by the director or his designee to all investment income.
HISTORY: 1989 Act No. 189, Part II, Section 43 sub 21; 1993 Act No. 181, Section 845.
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