There is a newer version of the South Carolina Code of Laws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 27-25-40 - Assignment for benefit of creditors; appointment of agents by creditors.
SC Code § 27-25-40 (2012) What's This?
Whenever any debtor shall assign his property for the benefit of his creditors, the creditors may name and appoint an agent or agents, equal in number to the assignees, to act in their behalf jointly with the assignee or assignees named and appointed by the assignor.
HISTORY: 1962 Code Section 57-354; 1952 Code Section 57-354; 1942 Code Section 9097; 1932 Code Section 9097; Civ. C. '22 Section 5502; Civ. C. '12 Section 3723; Civ. C. '02 Section 2638; G. S. 2005; R. S. 2137; 1828 (6) 365.
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