South Carolina § 53-5-80 Commercial paper or other security maturing on Sunday or legal holiday, time collected.

South Carolina Statutes

§ 53-5-80 — Commercial paper or other security maturing on Sunday or legal holiday, time collected.

South Carolina·Title 53 SUNDAYS, HOLIDAYS, AND OTHER SPECIAL DAYS·Ch. 5 LEGAL HOLIDAYS

Any commercial paper or other security which shall mature and become payable and collectible on Sunday or on any legal holiday shall be deemed and taken and treated as maturing and becoming payable and collectible on the next day thereafter if such next day shall not be Sunday or a legal holiday, in which latter event it shall be deemed, taken and treated as due, maturing and collectible on the first day thereafter which is not a Sunday or a legal holiday.

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Any commercial paper or other security which shall mature and become payable and collectible on Sunday or on any legal holiday shall be deemed and taken and treated as maturing and becoming payable and collectible on the next day thereafter if such next day shall not be Sunday or a legal holiday, in which latter event it shall be deemed, taken and treated as due, maturing and collectible on the first day thereafter which is not a Sunday or a legal holiday.

South Carolina § 53-5-80 (Commercial paper or other security maturing on Sunday or legal holiday, time collected.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 64-157; 1952 Code SECTION 64-157; 1942 Code SECTION 6750; 1932 Code SECTION 6750; Civ. C. '22 SECTION 3650; Civ. C. '12 SECTION 2534; Civ. C. '02 SECTION 1676; R. S. 1404; 1891 (20) 1052.