South Carolina § 38-77-155 - Distribution of funds; obtaining premium information.
Full text of South Carolina South Carolina Code of Laws § 38-77-155 — Distribution of funds; obtaining premium information., with citation guidance and answers to common questions.
§ 38-77-155. Distribution of funds; obtaining premium information.
The director shall distribute monies annually from the Uninsured Motorists Fund among the several insurers writing motor vehicle bodily injury and property damage liability insurance on motor vehicles registered in this State. Monies must be distributed in the proportion that each insurer's premium income for the auto liability coverage bears to the total premium income for auto liability coverage written in this State during the preceding year. Premium income must be gross premiums less cancellation and return premiums for coverage required by Section 38-77-150. The director shall obtain premium information from the annual statement filed by each insurer.
HISTORY: 1997 Act No. 154, SECTION 11; 2004 Act No. 291, SECTION 12, eff July 29, 2004.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-77-155
What does South Carolina Code of Laws § 38-77-155 cover?
Section 38-77-155 ("Distribution of funds; obtaining premium information.") 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 § 38-77-155?
A common citation format is "South Carolina Code of Laws § 38-77-155" (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 § 38-77-155 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.