Assessments must be made by a mutual association at the time an individual becomes a member or at the time of death or sickness of a member and for the purpose of paying benefits due the member because of death or sickness.
S.C. Code Ann. § 38-35-30
Assessments
Former 1976 Code SECTION 38-35-30 [1962 Code SECTION 37-443; 1968 (55) 2584] no comparable provisions in 1987 Act No. 155; Former 1976 Code SECTION 38-23-30 [1947 (45) 322; 1952…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.