South Carolina Statutes
§ 38-27-100 — Proceedings initiated prior to effective date of Insurers Supervision, Rehabilitation, and Liquidation Act.
An insurance proceeding under this chapter begun before the effective date of the Insurers Rehabilitation and Liquidation Act is deemed to have begun after that date for the purpose of conducting the proceeding. However, in the discretion of the director or his designee, the proceeding may be continued, in whole or in part, as it would have been if this act was not in effect.
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South Carolina § 38-27-100 (Proceedings initiated prior to effective date of Insurers Supervision, Rehabilitation, and Liquidation Act.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1991 Act No. 13, SECTION 4; 1993 Act No. 181, SECTION 609.
Nearby Sections
15
§ 38-27-10
Short title.§ 38-27-1000
Subordination of claims for noncooperation.§ 38-27-20
Construction.§ 38-27-220
Court's seizure order.§ 38-27-230
Confidentiality of hearings.§ 38-27-30
Purpose.§ 38-27-310
Grounds for rehabilitation.§ 38-27-320
Rehabilitation orders.§ 38-27-330
Powers and duties of rehabilitator.§ 38-27-340
Actions by and against rehabilitator.§ 38-27-350
Termination of rehabilitation.§ 38-27-360
Grounds for liquidation.§ 38-27-370
Liquidation orders.