South Carolina Statutes
§ 29-5-290 — Distribution of proceeds of sale.
If all the claims against the property covered by the lien are ascertained at the time of ordering the sale, the court may order the officer to pay over and distribute the proceeds of the sale, after deducting all lawful charges and expenses, to and among the several creditors to the amount of their respective debts, if there is sufficient therefor, and if there is not sufficient, then to divide and distribute such proceeds among the creditors in proportion to the amount due to each of them.
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South Carolina § 29-5-290 (Distribution of proceeds of sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 45-279; 1952 Code SECTION 45-279; 1942 Code SECTION 8754; 1932 Code SECTION 8754; Civ. C. '22 SECTION 5666; Civ. C. '12 SECTION 4136; Civ. C. '02 SECTION 3031; G. S. 2373; R. S. 2488; 1869 (14) 222.
Nearby Sections
15
§ 29-5-10
Lien of person furnishing labor and materials for buildings or structures; offers of settlement.§ 29-5-150
Service of petition.§ 29-5-160
Contents of petition.§ 29-5-170
Petition filed by multiple lienors.§ 29-5-180
Amendments of pleadings.§ 29-5-190
Notice to owner and other creditors.