Whenever it appears to the director or his designee that the records of any insurer in process of liquidation or completely liquidated are no longer useful, he may recommend to the court, and the court shall direct, what records should be retained for future reference and what should be destroyed.
S.C. Code Ann. § 38-27-670
Disposition of records during and after termination of liquidation
Known as the Insurers Rehabilitation and Liquidation Act
The act spans §§ 38-27-10–38-27-990 (62 sections).
Former 1976 Code SECTION 38-5-2370 [1982 Act No. 384, SECTION 48] recodified as SECTION 38-27-670 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 624.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.