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2020 South Carolina Code of Laws
Title 27 - Property and Conveyances
Chapter 25 - Assignments For The Benefit Of Creditors
Section 27-25-130. General powers of creditors.
Universal Citation: SC Code § 27-25-130 (2020)
The creditors or such committee as they may appoint may direct and prescribe the time and mode of selling and the terms of sale or order a distribution of the assets on hand, and a final closing of the concern. And, in case of need, they may revoke and dismiss their agent or agents and name and appoint another or others in their stead.
HISTORY: 1962 Code Section 57-363; 1952 Code Section 57-363; 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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