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S.C. Code § 27-25-100

Effect of neglect or refusal of creditors to appoint agents

South Carolina · South Carolina Code Title 27, Chapter 25 — Assignments for the Benefit of Creditors · Status: effective

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S.C. Code § 27-25-100, Effect of neglect or refusal of creditors to appoint agents, South Carolina, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1574872
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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.