A member of the association who is designated to receive and write essential property insurance from or through the association shall cede one hundred percent to the association the essential property insurance.
S.C. Code Ann. § 38-75-390
Cession of essential property insurance to Association
Former 1976 Code SECTION 38-39-90 [1962 Code SECTION 37-778; 1971 (57) 744] recodified as SECTION 38-75-390 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 793; 2007 A…
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.