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Section 38-27-10. Short title. - This chapter may be cited as the "Insurers Rehabilitation and...
Section 38-27-20. Construction. - This chapter does not limit the powers granted the director...
Section 38-27-30. Purpose. - The purpose of this chapter is the protection of the...
Section 38-27-40. Persons covered. - The proceedings authorized by this chapter may be applied to:...
Section 38-27-50. Definitions. - For purposes of this chapter: (1) "Ancillary state" means any...
Section 38-27-60. Jurisdiction and venue. - (a) Except as provided in this subsection, no delinquency proceeding...
Section 38-27-70. Injunctions and orders. - (A)(1) A receiver appointed in a proceeding under this chapter...
Section 38-27-80. Cooperation of officers, owners, and employees. - (a) Any officer, manager, director, trustee, owner, employee, or agent...
Section 38-27-90. Bonds. - In any proceeding under this chapter, the director and his...
Section 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...
Section 38-27-110. Disabilities of delinquent insurer pending repayment to guaranty association. - Until payments of or on account of an insurer's contractual...
Section 38-27-220. Court's seizure order. - (a) The director or his designee may file in the...
Section 38-27-230. Confidentiality of hearings. - In proceedings and judicial reviews under Section 38-27-220, records of...
Section 38-27-310. Grounds for rehabilitation. - The director or his designee may apply by petition to...
Section 38-27-320. Rehabilitation orders. - (a) An order to rehabilitate the business of a domestic...
Section 38-27-330. Powers and duties of rehabilitator. - (a) The director may appoint one or more special deputies...
Section 38-27-340. Actions by and against rehabilitator. - (a) Any court in this State before which any action...
Section 38-27-350. Termination of rehabilitation. - (a) Whenever the director or his designee believes further attempts...
Section 38-27-360. Grounds for liquidation. - The director or his designee may petition the circuit court...
Section 38-27-370. Liquidation orders. - (A) An order to liquidate the business of a domestic...
Section 38-27-380. Continuance of coverage. - (a) All policies, other than life or health insurance or...
Section 38-27-390. Dissolution of insurer. - The director or his designee may petition for an order...
Section 38-27-400. Powers of liquidator. - (a) The liquidator has the power: (1) To appoint a...
Section 38-27-410. Notice to creditors and others. - (a) Unless the court otherwise directs, the liquidator shall give...
Section 38-27-420. Duties of agents. - (a) Every person who receives notice in the form prescribed...
Section 38-27-430. Actions by and against liquidator. - (a) Upon issuance of an order appointing a liquidator of...
Section 38-27-440. Collection and list of assets. - (a) As soon as practicable after the liquidation order but...
Section 38-27-450. Fraudulent transfers prior to petition. - (a) Every transfer made or suffered and every obligation incurred...
Section 38-27-460. Transfers after petition. - (a) After petition for rehabilitation or liquidation has been filed...
Section 38-27-470. Voidable preferences and liens. - (a)(1) A preference is a transfer of any of the...
Section 38-27-475. Federal home loan banks and insurer-members, pledge collateral, delinquency proceedings. - (A) Notwithstanding any other provision of this chapter to the...
Section 38-27-480. Claims of holders of voidable rights. - (a) No claim of a creditor who has received or...
Section 38-27-490. Setoffs. - (a) Mutual debts or mutual credits between the insurer and...
Section 38-27-500. Assessments. - (a) As soon as practicable but not more than two...
Section 38-27-510. Reinsurer's liability. - The amount recoverable by the liquidator from reinsurers may not...
Section 38-27-520. Recovery of premiums owed. - (a)(1) An agent, broker, premium finance company, or any other...
Section 38-27-530. Domiciliary liquidator's proposal to distribute assets. - (a) Within one hundred twenty days of a final determination...
Section 38-27-540. Filing of claims. - (a) Proof of all claims must be filed with the...
Section 38-27-550. Proof of claim. - (a) Proof of claim consists of a statement signed by...
Section 38-27-560. Special claims. - (a) The claim of a third party which is contingent...
Section 38-27-570. Special provisions for third party and insureds' claims. - (a) Whenever any third party asserts a cause of action...
Section 38-27-580. Disputed claims. - (a) When a claim is denied in whole or in...
Section 38-27-590. Claims of surety. - Whenever a creditor whose claim against an insurer is secured,...
Section 38-27-600. Secured creditor's claims. - (a) The value of any security held by a secured...
Section 38-27-610. Priority of distribution. - The priority of distribution of claims from the insurer's estate...
Section 38-27-620. Liquidator's recommendations to court. - (a) The liquidator shall review all claims duly filed in...
Section 38-27-630. Distribution of assets. - Under the direction of the court, the liquidator shall pay...
Section 38-27-640. Unclaimed and withheld funds. - (a) All unclaimed funds subject to distribution remaining in the...
Section 38-27-650. Termination of proceedings. - (a) When all assets justifying the expense of collection and...
Section 38-27-660. Reopening liquidation. - After the liquidation proceeding has been terminated and the liquidator...
Section 38-27-670. Disposition of records during and after termination of liquidation. - Whenever it appears to the director or his designee that...
Section 38-27-680. External audit of receiver's books. - The circuit court may, as it considers desirable, cause audits...
Section 38-27-910. Conservation of property of alien or foreign insurers. - (a) If a domiciliary liquidator has not been appointed, the...
Section 38-27-920. Liquidation of property of alien or foreign insurers. - (a) If no domiciliary receiver has been appointed, the director...
Section 38-27-930. Domiciliary liquidators in other states. - (a) The domiciliary liquidator of an insurer domiciled in a...
Section 38-27-940. Ancillary formal proceedings. - (a) If a domiciliary liquidator has been appointed for an...
Section 38-27-950. Ancillary summary proceedings. - The director or his designee in his sole discretion may...
Section 38-27-960. Claims of nonresidents against insurers domiciled in South Carolina. - (a) In a liquidation proceeding begun in this State against...
Section 38-27-970. Claims of residents against insurers domiciled in reciprocal states. - (a) In a liquidation proceeding in a reciprocal state against...
Section 38-27-980. Attachment, garnishment, and levy of execution. - During the pendency in this State or any other state...
Section 38-27-990. Interstate priorities. - (a) In a liquidation proceeding in this State involving one...
Section 38-27-1000. Subordination of claims for noncooperation. - If an ancillary receiver in another state or foreign country,...