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S.C. Code Ann. § 38-89-70

Consideration of investment income in structuring rates and determining profit or loss

1989 Act No. 189, Part II, SECTION 43 sub 21; 1993 Act No. 181, SECTION 845.

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.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.