Section 38-19-1190. Demutualization.

SC Code § 38-19-1190 (2019) (N/A)
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Nothing contained in this article shall be construed to prohibit demutualization of a mutual insurance holding company or a mutual insurer pursuant to the laws of this State. All provisions of law regarding demutualization of a mutual insurer shall also apply to a mutual insurance holding company.

HISTORY: 1998 Act No. 413, Section 1.