Current Status Bill Number:3287 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19970122 Primary Sponsor:Sharpe All Sponsors:Sharpe Drafted Document Number:bbm\9070jm.97 Residing Body:Senate Date of Last Amendment:19980528 Subject:Insurance agents, continuing education requirements; agents who sell pre-paid legal insurance exempt from
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
Senate 19980603 Read second time, notice of
general amendments
Senate 19980528 Amended
Senate 19980527 Polled out of Committee: 02 SBI
Without report
Senate 19970313 Introduced, read first time, 02 SBI
referred to Committee
House 19970312 Read third time, sent to Senate
House 19970311 Read second time
House 19970311 Objection by Representative Barfield
House 19970311 Objection and request for debate
withdrawn by Representative Scott
Breeland
Mack
McMahand
M. Hines
Cato
Loftis
Easterday
Sharpe
House 19970220 Request for debate by Representative Cato
Seithel
Knotts
Sharpe
Easterday
Loftis
House 19970220 Objection by Representative Whipper
Scott
Mack
M.Hines
McMahand
Breeland
House 19970219 Committee report: Favorable 26 HLCI
House 19970122 Introduced, read first time, 26 HLCI
referred to Committee
View additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
AMENDED
May 28, 1998
H. 3287
S. Printed 5/28/98--S.
Read the first time March 13, 1997.
TO AMEND SECTIONS 38-43-105 AND 38-43-106, BOTH AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EDUCATION AND CONTINUING EDUCATION REQUIREMENTS FOR INSURANCE AGENTS, SO AS TO EXEMPT FROM THESE REQUIREMENTS AGENTS WHO SELL PREPAID LEGAL INSURANCE.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-43-105(e) of the 1976 Code is amended by adding:
"(9) prepaid legal insurance."
SECTION 2. Section 38-43-106(F) of the 1976 Code, as added by Act 141 of 1991 and amended by Section 661 of Act 181 of 1993, is further amended to read:
"(F) Insurance agents licensed solely for credit life or credit accident and health insurance, credit property insurance, crop hail insurance, automobile physical damage insurance, mortgage guaranty, or mortgage, title, travel accident and baggage, or the federal crop insurance, or prepaid legal insurance are exempt from the provisions of this section. Insurance agents licensed solely for domestic insurance companies which have less than one million dollars in written premiums in any calendar year are exempt from the provisions of this section. Licensed special agents, or any or all of them, that the department by regulation shall specify are exempt from the provisions of this section.
(G) Purchase of any prepaid legal insurance shall not be made in connection with any loan transaction."
SECTION 3. This act takes effect upon approval by the Governor.