Bill Text: SC S1179 | 2019-2020 | 123rd General Assembly | Introduced

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Bill Title: Named storm and wind/hail deductible (D. No. 4878)

Spectrum: Committee Bill

Status: (Introduced - Dead) 2020-03-18 - Introduced, read first time, placed on calendar without reference [S1179 Detail]

Download: South_Carolina-2019-S1179-Introduced.html

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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

INTRODUCED

March 18, 2020

S. 1179

Introduced by Banking and Insurance Committee

S. Printed 3/18/20--S.

Read the first time March 18, 2020.

            

A JOINT RESOLUTION

TO APPROVE REGULATIONS OF THE DEPARTMENT OF INSURANCE, RELATING TO NAMED STORM AND WIND/HAIL DEDUCTIBLE, DESIGNATED AS REGULATION DOCUMENT NUMBER 4878, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    The regulations of the Department of Insurance, relating to Named Storm and Wind/Hail Deductible, designated as Regulation Document Number 4878, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.