No rating organization may adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings, or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members, or subscribers.
S.C. Code Ann. § 38-73-1280
Rules may not regulate certain payments
Former 1976 Code SECTION 38-43-980 [1947 (45) 322; 1952 Code SECTION 37-728; 1962 Code SECTION 37-728] recodified as SECTION 38-73-1280 by 1987 Act No. 155, SECTION 1; 1993 Act …
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.