Chapter

Insurance Holding Company Regulatory Act

S.C. Code Ann. § 38-21-10— Definitions
S.C. Code Ann. § 38-21-20— Authority of insurers to organize or acquire subsidiaries
S.C. Code Ann. § 38-21-30— Authority of insurers to invest in securities of subsidiaries
S.C. Code Ann. § 38-21-40— Investments in securities of subsidiaries are not subject to other restrictions
S.C. Code Ann. § 38-21-50— Determining compliance with provision authorizing investments in securities of subsidiaries; disposition of investments upon ceasing to control subsidiary
S.C. Code Ann. § 38-21-60— Statement required by person seeking to acquire control of insurer; notice to director
S.C. Code Ann. § 38-21-70— Contents of statement; amendment
S.C. Code Ann. § 38-21-80— Use of certain documents required by other laws in furnishing information called for in statement
S.C. Code Ann. § 38-21-90— Approval of Commissioner of acquisition of control; hearing
S.C. Code Ann. § 38-21-95— Approval for acquisition of domestic insurer by controlling producer; conditions and requirements
S.C. Code Ann. § 38-21-100— Certain transactions exempt from Sections 38-21-60 to 38-21-120
S.C. Code Ann. § 38-21-110— Violations of Sections 38-21-60 to 38-21-120
S.C. Code Ann. § 38-21-120— Jurisdiction of courts; service of process
S.C. Code Ann. § 38-21-125— Acquisitions of insurers not covered by the Insurance Holding Company Regulatory Act
S.C. Code Ann. § 38-21-130— Registration of members of insurance holding company systems
S.C. Code Ann. § 38-21-140— Registration statement
S.C. Code Ann. § 38-21-150— Summary outlining changes since previous registration statement required
S.C. Code Ann. § 38-21-160— Information which need not be disclosed in registration statement
S.C. Code Ann. § 38-21-170— Dividends and distributions must be reported
S.C. Code Ann. § 38-21-180— Information from persons within insurance holding company
S.C. Code Ann. § 38-21-190— Termination of registration
S.C. Code Ann. § 38-21-200— Filing of consolidated or individual registration statements by affiliated insurers
S.C. Code Ann. § 38-21-210— Filing of registration statement on behalf of affiliated insurer
S.C. Code Ann. § 38-21-220— Disclaimer of affiliation
S.C. Code Ann. § 38-21-225— Annual enterprise risk report; annual group capital calculation; liquidity stress test
S.C. Code Ann. § 38-21-230— Failure to timely file registration statement
S.C. Code Ann. § 38-21-240— Exemptions from registration statement provisions
S.C. Code Ann. § 38-21-250— Standards for transactions within insurance holding company system
S.C. Code Ann. § 38-21-260— Determining adequacy of insurer's surplus
S.C. Code Ann. § 38-21-270— Notice and approval of extraordinary dividends or distributions required
S.C. Code Ann. § 38-21-280— Examination; compulsory production of information
S.C. Code Ann. § 38-21-285— Participation in supervisory colleges
S.C. Code Ann. § 38-21-290— Confidential information
S.C. Code Ann. § 38-21-295— Group-wide supervisor for internationally active insurance groups
S.C. Code Ann. § 38-21-300— Regulations and orders of director
S.C. Code Ann. § 38-21-310— Enjoining violations of chapter, regulations, or orders
S.C. Code Ann. § 38-21-320— Voting of securities acquired in violation of chapter, regulations, or orders may be enjoined
S.C. Code Ann. § 38-21-330— Seizure or sequestration of securities acquired in violation of chapter, regulations, or order
S.C. Code Ann. § 38-21-340— Penalties; civil forfeiture; cease and desist orders; criminal prosecutions; misdemeanor; disapproval of dividends or distributions; suspensions
S.C. Code Ann. § 38-21-350— Director may take possession of property and conduct business of insurer
S.C. Code Ann. § 38-21-360— Authority of receiver to recover certain distributions and payments
S.C. Code Ann. § 38-21-370— Judicial review of action, order, or decision of director
S.C. Code Ann. § 38-21-390— Severability