S.C. Code § 27-25-40

Current through 2024 Act No. 225.

Section 27-25-40 - Assignment for benefit of creditors; appointment of agents by creditors

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.

1828 (6) 365; R. S. 2137; G. S. 2005; Civ. C. '02 Section 2638; Civ. C. '12 Section 3723; Civ. C. '22 Section 5502; 1932 Code Section 9097; 1942 Code Section 9097; 1952 Code Section 57-354; 1962 Code Section 57-354.