South Carolina § 27-25-150 Damages for failure to account or follow directions.

South Carolina Statutes

§ 27-25-150 — Damages for failure to account or follow directions.

South Carolina·Title 27 PROPERTY AND CONVEYANCES·Ch. 25 ASSIGNMENTS FOR THE BENEFIT OF CREDITORS

The assignee's or assignees' and agent's or agents' failure or neglect to lay a statement of their proceedings before the creditors or their committee, as and when directed by SECTION 27-25-140, or whenever called on, or to obey or abide by their directions, renders them answerable for all damages resulting from their refusal or neglect, and they shall forfeit the commission they might otherwise be entitled to.

Free access — add to your briefcase to read the full text and ask questions with AI

The assignee's or assignees' and agent's or agents' failure or neglect to lay a statement of their proceedings before the creditors or their committee, as and when directed by SECTION 27-25-140, or whenever called on, or to obey or abide by their directions, renders them answerable for all damages resulting from their refusal or neglect, and they shall forfeit the commission they might otherwise be entitled to.

South Carolina § 27-25-150 (Damages for failure to account or follow directions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 57-365; 1952 Code SECTION 57-365; 1942 Code SECTION 9104; 1932 Code SECTION 9104; Civ. C. '22 SECTION 5509; Civ. C. '12 SECTION 3730; Civ. C. '02 SECTION 2645; G. S. 2012; R. S. 2144; 1828 (6) 366.