Effect of neglect or refusal of creditors to appoint agents.

  1. Law
  2. South Carolina Code of Laws
  3. Property and Conveyances
  4. Assignments For The Benefit Of Creditors
  5. Effect of neglect or refusal of creditors to appoint agents.

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Should the creditors refuse or neglect to appoint an agent or agents within ten days after they have been called together by the assignee or assignees, the assignee or assignees may forthwith proceed to sell or otherwise dispose of the assigned effects, without the concurrence of the creditors.

HISTORY: 1962 Code Section 57-360; 1952 Code Section 57-360; 1942 Code Section 9101; 1932 Code Section 9101; Civ. C. '22 Section 5506; Civ. C. '12 Section 3727; Civ. C. '02 Section 2642; G. S. 2009; R. S. 2141; 1828 (6) 366.


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