Home/South Carolina/Statutes/Title 46: AGRICULTURE/Ch. 40: GRAIN DEALERS GUARANTY FUND/§ 46-40-80
South Carolina Statutes

§ 46-40-80 — Single payment restriction.

South Carolina·Title 46 AGRICULTURE·Ch. 40 GRAIN DEALERS GUARANTY FUND
No grain dealer is entitled to be paid more than once from any state guaranty fund for any losses incurred as a result of the bankruptcy of this debtor.

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South Carolina § 46-40-80 (Single payment restriction.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 2000 Act No. 381, Part I, SECTION 1, eff June 14, 2000.

Nearby Sections

10
§ 46-40-10
South Carolina Grain Dealers Guaranty Fund created.
§ 46-40-100
Administrative costs.
§ 46-40-20
Definitions.
§ 46-40-30
Assessments.
§ 46-40-40
State Treasurer to administer fund; presentation of claims against Southern Soya Corporation; time for filing; verification; relation to other funds; subrogation.
§ 46-40-50
Loan from Insurance Reserve Fund authorized; repayment; disposition of federal funds or other funds not received from assessments.
§ 46-40-60
Schedule for remitting assessments; reports; determination of amount due upon failure to remit; hearings; penalties.
§ 46-40-70
Participation in fund.
§ 46-40-80
Single payment restriction.
§ 46-40-90
Continuation of fund; limitations on assessments; payment of claims; time limit for filing claims; verification of loss.
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