If any member is defrauded or aggrieved by any misconduct, wrongful act, misrepresentation, or failure of the club to render its services or fulfill its contractual obligations, the member may bring suit on the security in his own name, but the aggregate liability of the surety for all suits may, in no event, exceed the amount of the bond.
S.C. Code Ann. § 39-61-50
Suits by aggrieved members; aggregate liability
Known as the Motor Club Services Act
The act spans §§ 39–39 (20 sections).
1987 Act No. 155, SECTION 6, eff January 1, 1988.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.