South Carolina § 38-71-810 - Readjustment of rates or refunds or dividends.
Full text of South Carolina South Carolina Code of Laws § 38-71-810 — Readjustment of rates or refunds or dividends., with citation guidance and answers to common questions.
§ 38-71-810. Readjustment of rates or refunds or dividends.
Any policy or contract of group accident, group health, or group accident and health insurance may provide for readjustment of the rate of premium based on experience thereunder at the end of the first year or of any subsequent year of insurance thereunder. The readjustment may be retroactive only for that policy year. Any refund under any plan for readjustment of the rate of premium based on the experience under group policies and any dividend paid under these policies may be used to reduce the policyholder's contribution to group insurance for the insureds of the policyholder and the excess over the contribution by the employer must be applied by the policyholder for the sole benefit of the insureds.
HISTORY: Former 1976 Code SECTION 38-35-980 [1947 (45) 322; 1952 Code SECTION 37-536; 1962 Code SECTION 37-536] recodified as SECTION 38-71-810 by 1987 Act No. 155, SECTION 1; 1988 Act No. 394, SECTION 11.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-71-810
What does South Carolina Code of Laws § 38-71-810 cover?
Section 38-71-810 ("Readjustment of rates or refunds or dividends.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 38-71-810?
A common citation format is "South Carolina Code of Laws § 38-71-810" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 38-71-810 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.