There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 27 - Property and Conveyances
Chapter 25 - ASSIGNMENTS FOR THE BENEFIT OF CREDITORS
Section 27-25-150 - Damages for failure to account or follow directions.
SC Code § 27-25-150 (2012) What's This?
The assignee's or assignees' and agent's or agents' failure or neglect to lay a statement of their proceedings before the creditors or their committee, as and when directed by Section 27-25-140, or whenever called on, or to obey or abide by their directions, renders them answerable for all damages resulting from their refusal or neglect, and they shall forfeit the commission they might otherwise be entitled to.
HISTORY: 1962 Code Section 57-365; 1952 Code Section 57-365; 1942 Code Section 9104; 1932 Code Section 9104; Civ. C. '22 Section 5509; Civ. C. '12 Section 3730; Civ. C. '02 Section 2645; G. S. 2012; R. S. 2144; 1828 (6) 366.
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