state_legiscan_drain · SC
Insurer liquidation
April 29, 2025
Summary
This bill, enacted in South Carolina, amends Section 38-27-610 of the South Carolina Code of Laws to add funding agreements to the priority of distribution for claims in insurer liquidation proceedings. It affects insurers and policyholders by altering the order in which claims are paid during liquidation.
Source: https://www.scstatehouse.gov/billsearch.php?billnumbers=0619&session=126&summary=B
Common questions
- What does "Insurer liquidation" cover?
- This bill, enacted in South Carolina, amends Section 38-27-610 of the South Carolina Code of Laws to add funding agreements to the priority of…
- When was it published?
- It was published on April 29, 2025.