South Carolina Statutes
§ 38-15-90 — Approval of public officer's books and accounts does not release his surety; remedy in case of default.
South Carolina § 38-15-90
This text of South Carolina § 38-15-90 (Approval of public officer's books and accounts does not release his surety; remedy in case of default.) 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. § 38-15-90 (2026).
Text
No insurer is relieved of its liability upon any bond of a city, county, or state officer because the books and accounts of the principal have been examined and approved as correct by the proper authorities when in fact there has been a breach of the bond of the officer and a loss accruing from this breach. In case of default upon the bond, the city, county, or state authorities have all the remedies against the principal and sureties upon the bonds as are provided by law.
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Legislative History
HISTORY: Former 1976 Code SECTION 38-13-110 [1947 (45) 322; 1952 Code SECTION 37-611; 1962 Code SECTION 37-611] and SECTION 38-13-120 [1947 (45) 322; 1952 Code SECTION 37-612; 1962 Code SECTION 37-612] recodified as SECTION 38-15-90 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 § 38-15-90, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/15/38-15-90.