South Carolina § 10-9-160 Additional security to bonds may be required.

South Carolina Statutes

§ 10-9-160 — Additional security to bonds may be required.

South Carolina § 10-9-160

Title 10PUBLIC BUILDINGS AND PROPERTY

Ch. 9MINERALS AND MINERAL INTERESTS IN PUBLIC LANDS

This text of South Carolina § 10-9-160 (Additional security to bonds may be required.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 10-9-160 (2026).

Text

Whenever the department shall have reason to doubt the solvency of any surety whose name appears upon any bond executed for the purpose of securing the payment of the phosphate royalty by any person digging, mining and removing phosphate rock or phosphatic deposits in any of the territory, the property of the State, under any grant or license, the department shall forthwith notify the person giving such bond and the sureties thereon and require that one or more sureties, as the case may be, shall be added to the bond, such surety or sureties to be approved by the department.

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Whenever the department shall have reason to doubt the solvency of any surety whose name appears upon any bond executed for the purpose of securing the payment of the phosphate royalty by any person digging, mining and removing phosphate rock or phosphatic deposits in any of the territory, the property of the State, under any grant or license, the department shall forthwith notify the person giving such bond and the sureties thereon and require that one or more sureties, as the case may be, shall be added to the bond, such surety or sureties to be approved by the department.

Legislative History

HISTORY: 1962 Code SECTION 1-370; 1952 Code SECTION 1-370; 1942 Code SECTION 2221; 1932 Code SECTION 2221; Civ. C. '22 SECTION 158; Civ. C. '12 SECTION 151; Civ. C. '02 SECTION 144; R. S. 100; 1883 (18) 304; 2014 Act No. 121 (S.22), Pt V, SECTION 7.M, eff July 1, 2015. Effect of Amendment 2014 Act No. 121, SECTION 7.M, substituted "department" for "board" throughout.