No receiver of the property of any person or corporation shall be appointed before final judgment in the cause if the party claiming the property so sought to be placed in the hands of a receiver or the party in possession thereof shall offer a bond, in the penalty of double the value of the property, with sufficient security, approved by the clerk of the court of common pleas of the court in which the action is brought, fully to account for and deliver over, whenever thereafter required by any final adjudication in the cause, the property sought to be placed in the hands of a receiver and to meet and satisfy any decree or judgment or order that may be made in the cause.
HISTORY: 1962 Code Section 10-2305; 1952 Code Section 10-2305; 1942 Code Section 584; 1932 Code Section 584; Civ. P. '22 Section 524; Civ. P. '12 Section 303; Civ. P. '02 Section 265; 1870 (14) 479 Section 267; 1897 (22) 510.
Structure South Carolina Code of Laws
Title 15 - Civil Remedies and Procedures
Chapter 65 - Receivership And Other Provisional Remedies
Section 15-65-10. Appointment of receiver.
Section 15-65-20. Notice of appointment shall be given.
Section 15-65-30. Notice to nonresident.
Section 15-65-50. No receiver shall be appointed before judgment when bond is offered.
Section 15-65-60. Effect of bond given after appointment; return of property.
Section 15-65-70. How bonds shall be made payable; filing.
Section 15-65-80. Proceedings when security becomes insufficient.
Section 15-65-90. Charging costs and ascertaining damages if receiver is improperly appointed.
Section 15-65-100. Compensation of receivers of corporate property.
Section 15-65-110. Deposit of money and the like in court.