South Carolina § 38-73-1425 - Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.

Full text of South Carolina South Carolina Code of Laws § 38-73-1425 — Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility., with citation guidance and answers to common questions.

§ 38-73-1425. Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.

The final rate or premium charge for a private passenger automobile insurance risk ceded to the facility which does not qualify for the safe driver discount in Section 38-73-760(e) is the final rate or premium charge required by Section 38-73-1420 or the final rate or premium charge approved for use by the insurer, whichever is greater.

HISTORY: 1991 Act No. 113, SECTION 1; 1993 Act No. 181, SECTION 783.

Source: official South Carolina text · Last verified 2026-08-27

Frequently Asked Questions About South Carolina § 38-73-1425

What does South Carolina Code of Laws § 38-73-1425 cover?

Section 38-73-1425 ("Final rate or premium charge for private passenger automobile insurance risk ceded to reinsurance facility.") 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 § 38-73-1425?

A common citation format is "South Carolina Code of Laws § 38-73-1425" (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 § 38-73-1425 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.