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32 chapters · 486 sections in this title.
S.C. Code Ann. § 27-25-10 Assignment by insolvent debtor
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Any assignment by an insolvent debtor of his property for the benefit of his creditors in which any preference or priority is given to any creditor or creditors of the debtor by the terms of the assignment over any other creditor or creditors, other than as to any debts due to th…
S.C. Code Ann. § 27-25-100 Effect of neglect or refusal of creditors to appoint agents
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Should the creditors refuse or neglect to appoint an agent or agents within ten days after they have been called together by the assignee or assignees, the assignee or assignees may forthwith proceed to sell or otherwise dispose of the assigned effects, without the concurrence of…
S.C. Code Ann. § 27-25-110 Appointment of umpire
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In case of disagreement between the assignee or assignees and agent or agents, any of the judges of the courts of common pleas, at chambers, shall, on application of either of the parties, decide and, if deemed necessary, name and appoint an umpire to act jointly with the assigne…
S.C. Code Ann. § 27-25-120 Deposit of proceeds of sales
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The proceeds arising from the sales of the property assigned shall be deposited for safekeeping in a national bank within the State or some banking institution incorporated by the State, in the joint names of the assignee or assignees and agent or agents and subject to their join…
