§33-10-40. Applicability of amendments.
From and after the first day of July, two thousand four, any
delinquency proceeding commenced against an insurer for the purpose
of liquidating, rehabilitating, reorganizing or conserving the
insurer shall be undertaken pursuant to this article. Any
delinquency proceeding pending against an insurer under this
article on the thirtieth day of June, two thousand four, will be
administered and concluded under the law in effect at the time the
delinquency proceeding was commenced.