South Carolina Statutes
§ 38-26-80 — Other proceedings not precluded.
Nothing in this chapter precludes the director or his designee from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation or other delinquency proceedings, however designated under the laws of this State, regardless of whether the director or his designee previously has initiated administrative supervision proceedings under this chapter against the insurer.
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South Carolina § 38-26-80 (Other proceedings not precluded.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1991 Act No. 13, SECTION 3; 1993 Act No. 181, SECTION 608.
Nearby Sections
10
§ 38-26-10
Short title.§ 38-26-100
No liability of Department or director.§ 38-26-110
Power to promulgate regulations.§ 38-26-20
Definitions.§ 38-26-30
Insurers to which chapter applies.§ 38-26-80
Other proceedings not precluded.§ 38-26-90
Meeting of director with supervisor.