South Carolina § 38-79-180 - Submission of all policy forms, classifications, rates, rating plans, or rules for approval.
Full text of South Carolina South Carolina Code of Laws § 38-79-180 — Submission of all policy forms, classifications, rates, rating plans, or rules for approval., with citation guidance and answers to common questions.
§ 38-79-180. Submission of all policy forms, classifications, rates, rating plans, or rules for approval.
The association shall submit, for the approval of the director or his designee, all policy forms, classifications, rates, rating plans, or rules applicable to its insurance product offerings to customers in this State. Such filings must be submitted for approval to the director no less than sixty days prior to their intended effective date. The director may extend the time for his review by an additional sixty days to allow the department sufficient time to evaluate the proposed form, classification, rate, rating plan, or rule to be used by the association. Rates must be actuarially sound, self supporting, and may not be excessive, inadequate, or unfairly discriminatory.
HISTORY: 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 830; 2019 Act No. 67 (H.3760), SECTION 1, eff May 16, 2019.
Effect of Amendment
2019 Act No. 67, SECTION 1, rewrote the section.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-79-180
What does South Carolina Code of Laws § 38-79-180 cover?
Section 38-79-180 ("Submission of all policy forms, classifications, rates, rating plans, or rules for approval.") 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 § 38-79-180?
A common citation format is "South Carolina Code of Laws § 38-79-180" (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 § 38-79-180 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.