South Carolina § 38-5-160 - Injunction, receivership.
Full text of South Carolina South Carolina Code of Laws § 38-5-160 — Injunction, receivership., with citation guidance and answers to common questions.
§ 38-5-160. Injunction, receivership.
If he considers it necessary, the director or his designee may apply to a judge of the circuit court to issue an injunction restraining a domestic insurer whose certificate of authority has been suspended, in whole or in part, from proceeding further with its business. The judge may immediately issue the injunction and, upon notice and after a full hearing of the matter, may (a) dissolve or modify the injunction or make it permanent, (b) make all orders and judgments necessary in the matter, and (c) appoint agents or a receiver to take possession of the property and effects of the insurer and to settle its affairs, subject to any rules and orders the court prescribes.
HISTORY: Former 1976 Code SECTION 38-5-160 [1947 (45) 322; 1952 Code SECTION 37-112; 1962 Code SECTION 37-112] recodified as SECTION 38-5-120 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-5-190 [1947 (45) 322; 1952 Code SECTION 37-115; 1962 Code SECTION 37-115] recodified as SECTION 38-5-160 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 533.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 38-5-160
What does South Carolina Code of Laws § 38-5-160 cover?
Section 38-5-160 ("Injunction, receivership.") 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 § 38-5-160?
A common citation format is "South Carolina Code of Laws § 38-5-160" (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 § 38-5-160 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.