South Carolina H 4457: SC Teen Pregnancy Prevention Day

Bill Text

2025-2026 Bill 4457 Text of Previous Version (Apr. 30, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4457

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING 
SECTION 38-27-610, RELATING TO PRIORITY OF DISTRIBUTION FOR CLAIMS, SO AS TO 
ADD FUNDING AGREEMENTS.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Section 38-27-610(2) of the S.C. Code is amended to 
read:

 (2) Class 2. Claims under policies, 
including claims of federal, state, and local governments, for losses incurred, 
loss claims, including third party claims, and claims of a guaranty association 
or foreign guaranty association. Claims under life insurance, and annuity policies, and funding agreements whether for death proceeds, 
annuity proceeds, or investment values, must be treated as loss claims. That 
portion of a loss, indemnification for which is provided by other benefits or 
advantages recovered by the claimant, must not be included in this class, other 
than benefits or advantages recovered or recoverable in discharge of familial 
obligations of support or by way of succession at death, or as proceeds of life 
insurance or as gratuities. No payment by an employer to his employee may be 
treated as a gratuity.

SECTION 2. This act takes effect upon approval 
by the Governor.

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This web page was last updated on April 30, 2025 at 02:56 PM