South Carolina § 10-9-150 - Bond of licensee.
Full text of South Carolina South Carolina Code of Laws § 10-9-150 — Bond of licensee., with citation guidance and answers to common questions.
§ 10-9-150. Bond of licensee.
As a condition precedent to the right to dig, mine, and remove the rocks and deposits granted by a license, each licensee shall enter into bond, with security, in the penal sum of five thousand dollars, conditioned for the making at the end of every month of true and faithful returns to the Comptroller General of the number of tons of phosphate rock and phosphatic deposits so dug or mined and the punctual payment to the State Treasurer of the royalty provided at the end of every quarter or three months. The bond and sureties are subject to the approval required by law for the bonds of state officers.
HISTORY: 1962 Code SECTION 1-369; 1952 Code SECTION 1-369; 1942 Code SECTION 2216; 1932 Code SECTION 2216; Civ. C. '22 SECTION 153; Civ. C. '12 SECTION 146; Civ. C. '02 SECTION 139; G. S. 68; R. S. 96; 1878 (16) 781; 2014 Act No. 121 (S.22), Pt V, SECTION 7.M, eff July 1, 2015.
Effect of Amendment
2014 Act No. 121, SECTION 7.M, made nonsubstantive changes.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 10-9-150
What does South Carolina Code of Laws § 10-9-150 cover?
Section 10-9-150 ("Bond of licensee.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 10-9-150?
A common citation format is "South Carolina Code of Laws § 10-9-150" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 10-9-150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.