South Carolina § 15-65-60 - Effect of bond given after appointment; return of property.

§ 15-65-60. Effect of bond given after appointment; return of property.

Whenever the court or judge before whom such application is made shall appoint a receiver before final judgment in the cause there shall be inserted in the order of appointment a clause fixing the value of the property for which the bond may be given, as prescribed in SECTION 15-65-50. And upon the due execution and filing of such bond thereafter before final judgment in the cause the court or judge shall vacate the appointment of such receiver and direct the redelivery of the property to the party from whose possession it was taken; provided, that when, under the orders of the court or judge, the receiver has incurred any lawful charges and expenses in the care and custody of the property put into his hands the court or judge, before directing the redelivery, may require sufficient security to be given in addition for the payment of such lawful charges and expenses should they be thereafter finally adjudged to be chargeable against the property.

HISTORY: 1962 Code SECTION 10-2306; 1952 Code SECTION 10-2306; 1942 Code SECTION 584; 1932 Code SECTION 584; Civ. P. '22 SECTION 524; Civ. P. '12 SECTION 303; Civ. P. '02 SECTION 265; 1870 (14) 479 SECTION 267; 1897 (22) 510.