South Carolina § 38-27-1000 - Subordination of claims for noncooperation.
Full text of South Carolina South Carolina Code of Laws § 38-27-1000 — Subordination of claims for noncooperation., with citation guidance and answers to common questions.
§ 38-27-1000. Subordination of claims for noncooperation.
If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this State any assets within his control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims under Section 38-27-610(7).
HISTORY: Former 1976 Code SECTION 38-5-2500 [1982 Act No. 384, SECTION 59] recodified as SECTION 38-27-1000 by 1987 Act No. 155, SECTION 1.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-27-1000
What does South Carolina Code of Laws § 38-27-1000 cover?
Section 38-27-1000 ("Subordination of claims for noncooperation.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 38-27-1000?
A common citation format is "South Carolina Code of Laws § 38-27-1000" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 38-27-1000 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.