{"data":{"id":"us-sc/s.c.-code-ann.-38-89-110","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 38-89-110","heading":"Deficit to be recouped.","body":"A deficit sustained by the association in a year must be recouped, pursuant to the plan of operation and the rating plan then in effect, by one or both of the following procedures:\n(1) an assessment upon the policyholders, which may not exceed one additional annual premium at the then current rate;\n(2) a rate increase applicable prospectively.","path":["Title 38 - INSURANCE","CHAPTER 89 Day Care Joint Underwriting Association"],"source_url":"https://www.scstatehouse.gov/code/t38c089.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:15:39Z","sha256":"3e6038a772286e91af6342be781183739c81dc7af7c62283d6b8f2370660ef20","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-38-89-100","next":"us-sc/s.c.-code-ann.-38-89-120"},"notice":"GroundRules: Original legal text. Not legal advice."}