S.C. Code § 38-29-120

Current through 2024 Act No. 225.

Section 38-29-120 - Appointment of special deputy for director

The association may recommend the appointment of a person to serve as a special deputy to act for the director or his designee and under his supervision in the liquidation, rehabilitation, or conservation of a member insurer.

S.C. Code § 38-29-120

Amended by 2020 S.C. Acts, Act No. 121 (SB 580),s 1, eff. 3/24/2020.

1993 Act No. 181, Section 631; 1972 (57) 2776] recodified as Section 38-29-120 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-17-120 [1962 Code Section 37-573; 1971 (57) 351] recodified as Section 38-21-110 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-29-120 [1962 Code Section 37-1410.

2020 Act No. 121, Section 1.B, provides as follows:

"[1.]B. The amendments made by this act do not apply to a member insurer that has been placed under an order of rehabilitation or liquidation before July 1, 2020."