Instructions


 
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Session 121 - (2015-2016)Printer Friendly
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S*0693 (Rat #0193) General Bill, By Hayes
Similar (H 4169)
Summary: Insurers' Rehabilitation and Liquidation Act
    AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-27-475 SO AS TO REVISE THE INSURERS' REHABILITATION AND LIQUIDATION ACT BY ADDING PROVISIONS SPECIFIC TO FEDERAL HOME LOAN BANKS AND INSURER-MEMBERS OF THOSE BANKS IN DELINQUENCY PROCEEDINGS BROUGHT PURSUANT TO THE ACT; TO AMEND SECTION 38-27-50, RELATING TO DEFINITIONS CONCERNING THE ACT, SO AS TO DEFINE ADDITIONAL TERMS; AND TO AMEND SECTION 38-27-70, RELATING TO INJUNCTIONS AND OTHER EQUITABLE REMEDIES AVAILABLE TO RECEIVERS APPOINTED IN DELINQUENCY PROCEEDINGS UNDER THE ACT, SO AS TO PROVIDE CIRCUMSTANCES IN WHICH FEDERAL HOME LOAN BANKS MAY EXERCISE THEIR RIGHTS REGARDING COLLATERAL PLEDGED BY ITS INSURER-MEMBERS INVOLVED IN DELINQUENCY PROCEEDINGS BROUGHT PURSUANT TO THE ACT. - ratified title
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04/21/15Senate Introduced and read first time (Senate Journal-page 18)
04/21/15Senate Referred to Committee on Banking and Insurance (Senate Journal-page 18)
05/27/15Senate Committee report: Favorable Banking and Insurance (Senate Journal-page 30)
05/28/15 Scrivener's error corrected
05/28/15Senate Read second time (Senate Journal-page 22)
05/28/15Senate Roll call Ayes-37 Nays-0 (Senate Journal-page 22)
06/02/15Senate Read third time and sent to House (Senate Journal-page 24)
06/03/15House Introduced and read first time (House Journal-page 7)
06/03/15House Referred to Committee on Labor, Commerce and Industry (House Journal-page 7)
05/05/16House Committee report: Favorable Labor, Commerce and Industry (House Journal-page 157)
05/06/16 Scrivener's error corrected
05/17/16House Read second time (House Journal-page 37)
05/17/16House Roll call Yeas-109 Nays-0 (House Journal-page 38)
05/18/16House Read third time and enrolled (House Journal-page 65)
05/24/16 Ratified R 193



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