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    • Legislation USA
    • South Carolina Code of Laws
    • Title 38 - Insurance
    • Chapter 10 - Protected Cell Insurance Companies

    South Carolina Code of Laws
    Title 38 - Insurance
    Chapter 10 - Protected Cell Insurance Companies

    Section 38-10-10. Purpose. - This chapter is adopted to provide a basis for the...

    Section 38-10-20. Definitions. - For the purposes of this chapter: (1) "Domestic insurer" means...

    Section 38-10-30. Establishment of protected cells; attributions, management and administration of assets. - (A) A protected cell company may establish one or more...

    Section 38-10-40. Protected cell assets; liabilities chargeable; crediting income gain and loss; valuation; securitization; documentation and identification of protected cell; closure of protected cell account. - (A) The protected cell assets of a protected cell may...

    Section 38-10-50. Availability of protected assets; extent of obligations of protected cell companies contributions to guaranty fund or association; fraudulent conveyance. - (A) Protected cell assets are only available to the creditors...

    Section 38-10-60. Conservation, rehabilitation, or liquidation; amount recoverable by receiver. - (A) Notwithstanding any other provision of law or regulation, upon...

    Section 38-10-70. Protected cell insurance securitization as insurance contract; investor, underwriters and officers as conducting insurance business. - A protected cell company insurance securitization may not be deemed...

    Section 38-10-80. Promulgation of regulations. - The director may promulgate regulations necessary to effectuate the purposes...

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