During the pendency in this State or any other state of a liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution may be commenced or maintained in this State against the delinquent insurer or its assets.
S.C. Code Ann. § 38-27-980
Attachment, garnishment, and levy of execution
Known as the Insurers Rehabilitation and Liquidation Act
The act spans §§ 38–38 (62 sections).
Applied in 1 court decision — leading case v. Shovelton (2019)
Most recently applied in v. Shovelton (January 2019)
Former 1976 Code SECTION 38-5-2480 [1982 Act No. 384, SECTION 57] recodified as SECTION 38-27-980 by 1987 Act No. 155, SECTION 1.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.