S.C. Code § 27-25-120

Current through 2024 Act No. 225.

Section 27-25-120 - Deposit of proceeds of sales

The proceeds arising from the sales of the property assigned shall be deposited for safekeeping in a national bank within the State or some banking institution incorporated by the State, in the joint names of the assignee or assignees and agent or agents and subject to their joint drafts.

S.C. Code § 27-25-120

1828 (6) 366; R. S. 2142; G. S. 2010; Civ. C. '02 Section 2643; Civ. C. '12 Section 3728; Civ. C. '22 Section 5507; 1932 Code Section 9102; 1942 Code Section 9102; 1952 Code Section 57-362; 1962 Code Section 57-362.