There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 38 - Insurance
Chapter 27 - INSURERS' REHABILITATION AND LIQUIDATION ACT
Section 38-27-100 - Proceedings initiated prior to effective date of Insurers Supervision, Rehabilitation, and Liquidation Act.
SC Code § 38-27-100 (2012) What's This?
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.
HISTORY: 1991 Act No. 13, Section 4; 1993 Act No. 181, Section 609.
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