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South Carolina · Through 2025 Session of the General Assembly

S.C. Code Ann. § 38-9-160: Enforcement of trust created by deposit.

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Where this section sits in the code
  1. Title 38 - INSURANCE
  2. CHAPTER 9 Capital, Surplus, Reserves, and Other Financial Matters
  3. ARTICLE 1 General Provisions

An insurer which has made a deposit in this State, pursuant to this title, its trustees or resident managers in the United States, the director or his designee, or any creditor of the insurer may, at any time, bring an action in the Circuit Court for the County of Richland against the State and other parties properly joined to enforce, administer, or terminate the trust created by the deposit. The process in the action must be served on the officer of the State having the deposit, who must appear and answer in behalf of the State and perform any orders and judgments the court may make in the action.

Collected 2026-09-02T07:11:29Z. Source file · JSON

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