Since South Carolina established itself as a captive domicile in 2000, legislation to further the cause has moved swiftly. (Around the Nation).
Since South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW).
Facts and Figures
Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. established itself as a captive domicile domicile (dŏm`əsīl'), one's legal residence. This may or may not be the place where one actually resides at any one time. The domicile is the permanent home to which one is presumed to have the intention of returning whenever the purpose in 2000, legislation to further the cause has moved swiftly. This year's legislation makes it simpler for captive insurers to relocate re·lo·cate
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates
v.tr.
To move to or establish in a new place: relocated the business.
v.intr. to South Carolina from other domiciles.
The legislation also establishes a new category, special-purpose captive company.
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