A challenge to reorganization or an action involving the reorganization of a mutual insurer shall be commenced no later than one hundred eighty days after the effective date of reorganization.
HISTORY: 1998 Act No. 413, Section 1.
Structure South Carolina Code of Laws
Chapter 19 - Domestic Mutual Insurers
Section 38-19-10. Membership in mutual insurer.
Section 38-19-20. Contract shall stipulate membership of contract holder.
Section 38-19-40. Notice of annual meetings.
Section 38-19-50. Use of proxies.
Section 38-19-410. Contingent liability of members.
Section 38-19-420. Contingent liability is not an asset of the insurer.
Section 38-19-430. Validity of guaranty against liability.
Section 38-19-440. Assessments for deficiencies.
Section 38-19-450. Computation of individual assessments.
Section 38-19-460. Enforcement of contingent liability on assessment premium plan.
Section 38-19-470. Nonassessable policies.
Section 38-19-480. Nonassessable plan applies to all policies.
Section 38-19-490. Revocation of authority to issue nonassessable policies.
Section 38-19-610. Borrowed surplus.
Section 38-19-630. Repayment of loans.
Section 38-19-640. Repayment of more than one loan or by multiple agreement.
Section 38-19-650. Director's approval required for repayment.
Section 38-19-660. Rights of holders of loan upon dissolution.
Section 38-19-815. Definitions.
Section 38-19-825. Transactions of a mutual insurer.
Section 38-19-1010. Fire and storm insurance; suits; seals.
Section 38-19-1020. Directors and officers; regulations.
Section 38-19-1030. Liability of members; property pledged; lien.
Section 38-19-1040. Extent of liability; release by transfer rights of purchaser.
Section 38-19-1050. Limit of amount insurance.
Section 38-19-1110. Authorization to reorganize.
Section 38-19-1130. Plan of reorganization; approval; contents.
Section 38-19-1140. Review of plan; costs; public hearing; order of approval or disapproval.
Section 38-19-1150. Policyholder meeting to vote on plan.
Section 38-19-1160. Filing articles of incorporation; issuance of certificate of authority.
Section 38-19-1170. Membership interest as security; transfer of interest.
Section 38-19-1190. Demutualization.
Section 38-19-1200. Confidentiality of information disclosed pursuant to application to reorganize.
Section 38-19-1230. Filing of annual statements; audit; notice of stock offering.
Section 38-19-1240. Time limitation for filing challenge to reorganization.