South Carolina General Assembly
125th Session, 2023-2024
Download This Bill in Microsoft Word Format
Indicates Matter Stricken
Indicates New Matter
S. 636
STATUS INFORMATION
General Bill
Sponsors: Senator Turner
Document Path: SR-0301KM23.docx
Introduced in the Senate on March 15, 2023
Banking and Insurance
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 3/15/2023 | Senate | Introduced and read first time (Senate Journal-page 12) |
| 3/15/2023 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 12) |
View the latest legislative information at the website
VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-75-1000, RELATING TO COMMISSIONS PAID BY A TITLE INSURER, SO AS TO REMOVE THE CAP ON THE COMMISSION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-75-1000 of the S.C. Code is amended to read:
Section 38-75-1000. A title insurer may not pay a commission, directly or indirectly, of greater than sixty percent on a title insurance policy.
SECTION 2. This act takes effect upon approval by the Governor.
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This web page was last updated on March 15, 2023 at 1:29 PM