South Carolina Statutes
§ 39-22-15 — "Loss" defined.
South Carolina § 39-22-15
This text of South Carolina § 39-22-15 ("Loss" defined.) 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. § 39-22-15 (2026).
Text
For purposes of this chapter, "loss" means any monetary loss over and beyond the amount protected by a warehouseman's bond sustained as a result of storing a commodity in a state-licensed warehouse including, but not limited to, any monetary loss over and beyond the amount protected by a warehouseman's bond sustained as a result of the warehouseman's bankruptcy, embezzlement, or fraud.
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Legislative History
HISTORY: 1998 Act No. 375, SECTION 1, eff May 26, 1998. Editor's Note 1998 Act No. 375, SECTION 6, effective May 26, 1998, provides as follows: "This act takes effect upon approval by the Governor. The provisions of Sections 1 and 5 are remedial and apply retroactively to July 1, 1997, so as to permit reimbursement of losses suffered or incurred by depositors on and after July 1, 1997."
Nearby Sections
15
§ 39-22-100
State guarantee; limitations.§ 39-22-110
Required identification tags on bales.§ 39-22-120
Warehouse insurance requirements.§ 39-22-130
Inspection of warehouses; inventory.§ 39-22-15
"Loss" defined.§ 39-22-150
State warehouse system, disposition of revenues; fees; guaranty fund; claims against fund.§ 39-22-160
Annual report.§ 39-22-170
State's liability limited.§ 39-22-190
Record keeping requirements.§ 39-22-200
Receipts, restrictions; exceptions.§ 39-22-30
Department to promulgate regulations.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 39-22-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/22/39-22-15.