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2021 South Carolina Code of Laws
Title 56 - Motor Vehicles
Chapter 10 - Motor Vehicle Registration And Financial Security
Section 56-10-550. Deposit of funds collected in Uninsured Motorists Fund.
Universal Citation: SC Code § 56-10-550 (2021)
Except as provided in Sections 56-10-552 and 56-10-554, funds collected by the director of the Department of Motor Vehicles under the provisions of this chapter must be placed on deposit with the State Treasurer and held in a special fund to be known as the "Uninsured Motorists Fund" to be disbursed as provided by law. The director of the Department of Insurance as provided in Sections 38-77-151 and 38-77-154 may expend monies from such funds for the administration of Title 38.
HISTORY: 1997 Act No. 154, Section 2.
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