South Carolina Statutes
§ 15-39-740 — Deposits by bidders.
South Carolina·Title 15 CIVIL REMEDIES AND PROCEDURES·Ch. 39 EXECUTIONS AND JUDICIAL SALES GENERALLY
In no decree of sale or order thereunder shall there be a requirement for a deposit of cash or other guaranty of good faith prior to the conclusion of the bidding at any judicial sale of real estate, and such deposit or guaranty as may be required at the conclusion of the bidding and of any person who thereafter raises the bid within the period mentioned in SECTIONS 15-39-720 and 15-39-730 shall be five per cent of the bid or some lesser percentage thereof.
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South Carolina § 15-39-740 (Deposits by bidders.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 10-1772; 1952 Code SECTION 10-1772; 1942 Code SECTION 9078-1; 1932 (37) 1529; 1933 (38) 511; 1934 (38) 1187, 1266, 1346, 1620; 1936 (39) 1294; 1939 (41) 202.
Nearby Sections
15
§ 15-39-10
Kinds of execution.§ 15-39-130
Returns.§ 15-39-140
Failure or neglect to make return.§ 15-39-150
Sheriff must give notice of money collected.§ 15-39-20
Executions of course within ten years.§ 15-39-310
Order for discovery of property.§ 15-39-320
Arrest in lieu of discovery order.§ 15-39-330
Examination of witnesses and debtor.§ 15-39-350
Examination of debtors of judgment debtor.§ 15-39-360
Proceedings against joint debtors.