South Carolina § 38-79-230 - Additional surcharge on premium; annual increase.
Full text of South Carolina South Carolina Code of Laws § 38-79-230 — Additional surcharge on premium; annual increase., with citation guidance and answers to common questions.
§ 38-79-230. Additional surcharge on premium; annual increase.
Beginning on January 1, 2021, an additional one percent surcharge on the premium must be assessed on association policyholders. The premium surcharge must increase by one additional percentage point annually until it reaches ten percent and does not sunset. Surcharges levied under this section are not premium and therefore not subject to premium taxes, fees, or commissions. Surcharges may not be considered when evaluating whether rates are excessive, adequate, or unfairly discriminatory.
HISTORY: 1987 Act No. 155, SECTION 1; 1989 Act No. 129, 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 § 38-79-230
What does South Carolina Code of Laws § 38-79-230 cover?
Section 38-79-230 ("Additional surcharge on premium; annual increase.") 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 § 38-79-230?
A common citation format is "South Carolina Code of Laws § 38-79-230" (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 § 38-79-230 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.