SC S0462 | 2013-2014 | 120th General Assembly

South Carolina Senate Bill 462 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 28 2013 - 25% progression, died in committee
Action: 2013-02-28 - Referred to Committee on Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provide An Industrial Insured Captive Insurance Company Is Subject To Certain Requirements Concerning Reports For Risk-based Capital, Acquisitions Disclosure, Asset Disposition, And Ceded Reinsurance Agreements, And To Provide The Director Of The Department Of Insurance May Elect Not To Take Regulatory Action Concerning Risk-based Capital In Certain Circumstances.

Title

Captive insurance company

History

Date	Chamber	Action
2013-02-28	Senate	Referred to Committee on Banking and Insurance
2013-02-28	Senate	Introduced and read first time

Same As/Similar To

H3620 (Similar To) 2013-04-30 - Act No. 18
H3621 (Similar To) 2013-04-30 - Act No. 19

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
38	5	120	(n/a)	See Bill Text
38	90	160	(n/a)	See Bill Text

South Carolina State Sources

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=0462&session=120&summary=B
Text	https://www.scstatehouse.gov/sess120_2013-2014/prever/462_20130228.htm