Insurers' Rehabilitation And Liquidation Act

  1. Law
  2. South Carolina Code of Laws
  3. Insurance
  4. Insurers' Rehabilitation And Liquidation Act

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Section
38-27-10

Short title.

Section
38-27-20

Construction.

Section
38-27-30

Purpose.

Section
38-27-40

Persons covered.

Section
38-27-50

Definitions.

Section
38-27-60

Jurisdiction and venue.

Section
38-27-70

Injunctions and orders.

Section
38-27-80

Cooperation of officers, owners, and employees.

Section
38-27-90

Bonds.

Section
38-27-100

Proceedings initiated prior to effective date of Insurers Supervision, Rehabilitation, and Liquidation Act.

Section
38-27-110

Disabilities of delinquent insurer pending repayment to guaranty association.

Section
38-27-220

Court's seizure order.

Section
38-27-230

Confidentiality of hearings.

Section
38-27-310

Grounds for rehabilitation.

Section
38-27-320

Rehabilitation orders.

Section
38-27-330

Powers and duties of rehabilitator.

Section
38-27-340

Actions by and against rehabilitator.

Section
38-27-350

Termination of rehabilitation.

Section
38-27-360

Grounds for liquidation.

Section
38-27-370

Liquidation orders.

Section
38-27-380

Continuance of coverage.

Section
38-27-390

Dissolution of insurer.

Section
38-27-400

Powers of liquidator.

Section
38-27-410

Notice to creditors and others.

Section
38-27-420

Duties of agents.

Section
38-27-430

Actions by and against liquidator.

Section
38-27-440

Collection and list of assets.

Section
38-27-450

Fraudulent transfers prior to petition.

Section
38-27-460

Transfers after petition.

Section
38-27-470

Voidable preferences and liens.

Section
38-27-475

Federal home loan banks and insurer-members, pledge collateral, delinquency proceedings.

Section
38-27-480

Claims of holders of voidable rights.

Section
38-27-490

Setoffs.

Section
38-27-500

Assessments.

Section
38-27-510

Reinsurer's liability.

Section
38-27-520

Recovery of premiums owed.

Section
38-27-530

Domiciliary liquidator's proposal to distribute assets.

Section
38-27-540

Filing of claims.

Section
38-27-550

Proof of claim.

Section
38-27-560

Special claims.

Section
38-27-570

Special provisions for third party and insureds' claims.

Section
38-27-580

Disputed claims.

Section
38-27-590

Claims of surety.

Section
38-27-600

Secured creditor's claims.

Section
38-27-610

Priority of distribution.

Section
38-27-620

Liquidator's recommendations to court.

Section
38-27-630

Distribution of assets.

Section
38-27-640

Unclaimed and withheld funds.

Section
38-27-650

Termination of proceedings.

Section
38-27-660

Reopening liquidation.

Section
38-27-670

Disposition of records during and after termination of liquidation.

Section
38-27-680

External audit of receiver's books.

Section
38-27-910

Conservation of property of alien or foreign insurers.

Section
38-27-920

Liquidation of property of alien or foreign insurers.

Section
38-27-930

Domiciliary liquidators in other states.

Section
38-27-940

Ancillary formal proceedings.

Section
38-27-950

Ancillary summary proceedings.

Section
38-27-960

Claims of nonresidents against insurers domiciled in South Carolina.

Section
38-27-970

Claims of residents against insurers domiciled in reciprocal states.

Section
38-27-980

Attachment, garnishment, and levy of execution.

Section
38-27-990

Interstate priorities.

Section
38-27-1000

Subordination of claims for noncooperation.