Subject matter
Known as the Uniform Commercial Code
The act spans §§ 36–36 (519 sections).
Applied in 3 court decisions — leading case Sunrise Savings & Loan Ass'n v. Mariner's Cay Development Corp. (1988)
Most recently applied in Stone Manufacturing Co. v. NCNB (April 1992)
1962 Code SECTION 10.3-102; 1966 (54) 2716; 2008 Act No. 204, SECTION 2, eff July 1, 2008.
(a) This chapter applies to negotiable instruments. It does not apply to money, to payment orders governed by Chapter 4A, or to securities governed by Chapter 8.
(b) If there is conflict between this chapter and Chapter 4 or 9, Chapters 4 and 9 govern.
(c) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this chapter to the extent of the inconsistency.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.