S.C. Code Ann. § 38-27-1000: Subordination of claims for noncooperation.
Where this section sits in the code
- Title 38 - INSURANCE
- CHAPTER 27 Insurers' Rehabilitation and Liquidation Act
- ARTICLE 7 Interstate Relations
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this State any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims under Section 38-27-610(7).
Collected 2026-09-02T07:12:29Z. Source file · JSON