South Carolina Bond Undertaking and Approval (Attachment)

State:
South Carolina
Control #:
SC-SKU-1458
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PDF
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Description

Bond Undertaking and Approval (Attachment)

South Carolina Bond Undertaking and Approval (Attachment) is an agreement between a surety company and a principal, in which the surety company agrees to provide a bond or other security to guarantee the principal's performance of a contractual obligation. The surety company must provide a written undertaking and approval that fulfills the requirements of the South Carolina Financial Responsibility Law. The bond is typically in the form of a surety bond, fidelity bond, or other financial instrument. The South Carolina Bond Undertaking and Approval (Attachment) must be completed and signed by both the surety and the principal. There are three main types of South Carolina Bond Undertaking and Approval (Attachment): 1. Surety Bond: A surety bond is a financial instrument that provides protection to the obliged (the party requiring the bond) against any financial loss due to the principal's failure to fulfill their contractual obligations. 2. Fidelity Bond: A fidelity bond is a financial instrument that provides protection to the obliged against any financial loss due to the dishonest or fraudulent acts of the principal. 3. Other Financial Instrument: This includes any other type of financial instrument that is approved by the South Carolina Financial Responsibility Law. Examples include letters of credit, bank guarantees, and cash deposits.

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FAQ

When one parent dies, the parents of the deceased may still be able to have visitation rights if the meet the criteria in S.C. Code Ann. § 63-3-530(33) and can show compelling circumstances.

South Carolina has an eight-year statute of repose.

Claiming immediate delivery of property by plaintiff. The plaintiff in an action of claim and delivery before a magistrate may at the time of issuing the summons, but not afterwards, claim the immediate delivery of such property as herein provided.

(§ 22-3-1330(b)). e) a summons requiring the defendant to appear before the magistrate at a date set not less than five nor more than 20 days from date of service and seizure for the purpose of determining permanent possession. (§ 22-3-1330(c)).

An attachment is a court order seizing specific property. Attachment is used both as a pre-trial provisional remedy and to enforce a final judgment.

Form 9 - Letter to Clerk of Lower Court Filing Notice of Appeal, S.C.

SECTION 63-17-20. Jurisdiction. (A) Any person who has sexual intercourse in this State thereby submits to the jurisdiction of the courts of this State as to an action brought under this article with respect to a child who may have been conceived by that act of intercourse.

Attachment is a statutory remedy (beginning at S.C. Code Ann. § 15-19-10), which enables a magistrate, upon the action of plaintiff, to attach property of a defendant which is within the territorial jurisdiction of the court.

More info

This undertaking is for attachment. Appeal bonds are stringently underwritten and their approval often requires collateral in the full penal sum of the bond.Online surety bond applications with expert help. We write bonds in all federal United States courts with offices from California to Texas. 030 Written undertaking on attachment; additional bond; exception to sufficiency of sureties; vacation of writ. 1. L.R. 115. 2 Paper Exhibits – Attachment and Numbering. Surety: a person who promises to answer for the debt, default or miscarriage of another with respect to an undertaking according to a bond. Bonds and Undertakings of Civil Procedure in California law. May be made also using Form 3809-4a (see Attachment 7).

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South Carolina Bond Undertaking and Approval (Attachment)