Chapter

Special Purpose Reinsurance Vehicle Model Act

S.C. Code Ann. § 38-14-10— Purpose of chapter
S.C. Code Ann. § 38-14-20— Other sections applicable
S.C. Code Ann. § 38-14-30— Definitions
S.C. Code Ann. § 38-14-40— Application process and requirements; limited certificate of authority; approval in changes in plan of operation
S.C. Code Ann. § 38-14-50— Purpose of SPRVs
S.C. Code Ann. § 38-14-60— Contracts with ceding insurers; requirements and guidelines for conducting business; trust agreements
S.C. Code Ann. § 38-14-70— Powers; bylaws
S.C. Code Ann. § 38-14-80— Relationship to ceding insurer
S.C. Code Ann. § 38-14-90— Capital requirements
S.C. Code Ann. § 38-14-100— Declaration and payment of dividends
S.C. Code Ann. § 38-14-110— Records and filing requirements
S.C. Code Ann. § 38-14-120— Election and removal of officers; loans
S.C. Code Ann. § 38-14-130— Reimbursement of formation and operation expenses and costs
S.C. Code Ann. § 38-14-140— Dissolution procedure
S.C. Code Ann. § 38-14-150— Rehabilitation and liquidation
S.C. Code Ann. § 38-14-160— Exemption from guaranty fund contributions or guaranty associations
S.C. Code Ann. § 38-14-170— Trust asset requirements; swap agreements
S.C. Code Ann. § 38-14-180— Reinsurance credit
S.C. Code Ann. § 38-14-190— Purchase of SPRV securities as transacting insurance business
S.C. Code Ann. § 38-14-200— Promulgation of regulations