2017 South Carolina Code of Laws
Title 38 - Insurance
CHAPTER 87 - REGULATION AND TAXATION OF RISK RETENTION GROUPS AND PURCHASING GROUPS
Section 38-87-130. U.S. District Court injunctions enforceable in state courts.

Universal Citation: SC Code § 38-87-130 (2017)

An order issued by any district court of the United States enjoining a risk retention group from soliciting or selling insurance or operating in any state, or in all states or in any territory or possession of the United States, upon a finding that such a group is in hazardous financial or financially impaired condition is enforceable in the courts of this State.

HISTORY: 1988 Act No. 355, Section 1.

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