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Indicates Matter Stricken
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H. 4281
STATUS INFORMATION
General Bill
Sponsors: Reps. W. Newton, Caskey, Rose, Norrell, McCravy, Clemmons, Fry, Stavrinakis, Elliott, B. Cox, Bannister, Funderburk, Herbkersman, Jordan, Kimmons, Murphy, Rutherford and G.M. Smith
Document Path: l:\council\bills\nbd\11271sd19.docx
Introduced in the House on March 20, 2019
Currently residing in the House Committee on Judiciary
Summary: Conveyances to defraud creditors
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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3/20/2019 House Introduced and read first time (House Journal-page 54)
3/20/2019 House Referred to Committee on Judiciary
(House Journal-page 54)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND SECTION 27-23-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CONVEYANCES TO DEFRAUD CREDITORS, SO AS TO ALLOW FOR ATTORNEY FEES, INTEREST, AND COSTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 27-23-10 of the 1976 Code is amended by adding a subsection at the end to read:
"(C) In an action brought based on the provisions of this section, the court may determine attorney fees and costs and, as may be equitable, assess these fees and costs against any or all of the parties to the action. In addition, if the prevailing party is a plaintiff-creditor, unless otherwise stated in the debt instrument, if any, interest shall attach prejudgment from the date of the transfer at the rate specified in Section 34-31-20(A) and postjudgment at the rate specified in Section 34-31-20(B)."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
March 25, 2019 at 1:40 PM