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2017 South Carolina Code of Laws
Title 31 - Housing and Redevelopment
CHAPTER 1 - STATE HOUSING LAW
Section 31-1-700. Enforcement of judgments not relating to mortgage indebtedness.
Universal Citation: SC Code § 31-1-700 (2017)
If a judgment is obtained against a limited dividend housing corporation in any action not pertaining to the collection of a mortgage indebtedness there shall be no sale of any of the real property of such corporation except upon sixty days' written notice to the director. Upon receipt of such notice the director shall take such steps as in its judgment may be necessary to protect the rights of all parties.
HISTORY: 1962 Code Section 36-60; 1952 Code Section 36-60; 1942 Code Section 5271-28; 1933 (38) 176; 1993 Act No. 181, Section 501.
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