S.C. Code Ann. § 29-3-670
This is the official text of S.C. Code Ann. § 29-3-670, part of South Carolina’s Code Ann — part of the compiled statutory law of South Carolina, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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SECTION 29-3-670. Deficiency shall not be extinguished on purchase by mortgagee.
Official statutory text
When any sale of land is made under the circumstances under which such a sale is permitted by SECTION 29-3-630 any balance of the mortgage debt over the purchase price of the land at such sale shall not be extinguished by reason of the mortgagee or his assigns becoming the purchaser at such sale, whether the mortgage contained a provision to that effect or not.
Status: in_force · Read it on the official government site
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