H 4732

Abstract

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-77-720, RELATING TO PROPERTY DAMAGE LIABILITY CLAIMS ARBITRATION FEES AND ARBITRATOR COMPENSATION, SO AS TO INCREASE FEES AND COMPENSATION; BY AMENDING SECTION 38-77-730, RELATING TO ARBITRATION CLAIM FILINGS, SO AS TO REVISE FILING REQUIREMENTS; BY AMENDING SECTION 38-77-740, RELATING TO ARBITRATION CLAIM HEARINGS, SO AS TO PROVIDE ARBITRATORS MAY AWARD REASONABLE ATTORNEY'S FEES AND COSTS TO THE PREVAILING PARTY; AND BY AMENDING SECTION 38-77-770, RELATING TO THE RIGHT TO A DE NOVO APPEAL OF ARBITRATOR DECISIONS, SO AS TO PROVIDE ARBITRATOR DECISIONS ARE ADMISSIBLE AS SUBSTANTIVE EVIDENCE OF LIABILITY, DAMAGES, OR BOTH.