Except as provided in Sections 56-10-552 and 56-10-554, funds collected by 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 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.
S.C. Code Ann. § 56-10-550
Deposit of funds collected in Uninsured Motorists Fund
1997 Act No. 154, SECTION 2; 2023 Act No. 51 (S.549), SECTION 5, eff July 1, 2024.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.