In case of failure to perform the labor or to deliver the property according to the terms of the subscription the money value thereof, as specified in the list of subscriptions, shall be paid by the subscribers.
S.C. Code Ann. § 33-45-70
Effect of failure to perform labor or deliver property
1962 Code SECTION 12-807; 1952 Code SECTION 12-807; 1942 Code SECTION 8140; 1932 Code SECTION 8140; Civ
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.