South Carolina § 27-25-30 Assignment for benefit of creditors; attack by creditor.

South Carolina Statutes

§ 27-25-30 — Assignment for benefit of creditors; attack by creditor.

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

Whenever any debtor shall assign his property for the benefit of his creditors, any creditor of such debtor, either by simple contract, specialty or in any other manner, may institute proceedings against the debtor, or the assignee named in the assignment, or both, or any other person properly party thereto, either to attack and set aside the deed of assignment or to enforce the provisions thereof, or for any other purpose whatever, without first obtaining and entering up judgment against the debtor upon the claim or demand so held by the creditor.

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Whenever any debtor shall assign his property for the benefit of his creditors, any creditor of such debtor, either by simple contract, specialty or in any other manner, may institute proceedings against the debtor, or the assignee named in the assignment, or both, or any other person properly party thereto, either to attack and set aside the deed of assignment or to enforce the provisions thereof, or for any other purpose whatever, without first obtaining and entering up judgment against the debtor upon the claim or demand so held by the creditor.

South Carolina § 27-25-30 (Assignment for benefit of creditors; attack by creditor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 57-353; 1952 Code SECTION 57-353; 1942 Code SECTION 9108; 1932 Code SECTION 9108; Civ. C. '22 SECTION 5513; Civ. C. '12 SECTION 3734; Civ. C. '02 SECTION 2649; G. S. 2016; R. S. 2148; 1882 (18) 848.