South Carolina Statutes
§ 38-15-70 — Estoppel to deny power to execute bond or assume liability.
South Carolina § 38-15-70
This text of South Carolina § 38-15-70 (Estoppel to deny power to execute bond or assume liability.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 38-15-70 (2026).
Text
An insurer which executes any bond or undertaking of surety under this chapter is estopped, in any proceeding to enforce the liability which it has assumed to incur, from denying its corporate power to execute the bond or assume the liability.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-15-70 [1962 Code SECTION 37-767; 1960 (51) 1664] recodified as SECTION 38-19-890 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-13-90 [1947 (45) 322; 1952 Code SECTION 37-609; 1962 Code SECTION 37-609] recodified as SECTION 38-15-70 by 1987 Act No. 155, SECTION 1.
Nearby Sections
10
§ 38-15-100
Venue for suit on bonds or obligations.§ 38-15-30
Deposit of securities required.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 38-15-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/15/38-15-70.