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South Carolina Code 36-8-203. Staleness as notice of defect or defense
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Current as of: 2009
After an act or event, other than a call that has been revoked, creating a right to immediate performance of the principal obligation represented by a certificated security or setting a date on or after which the security is to be presented or surrendered for redemption or exchange, a purchaser is charged with notice of any defect in its issue or defense of the issuer, if the act or event: (1) requires the payment of money, the delivery of a certificated security, the registration of transfer of an uncertificated security, or any of them on presentation or surrender of the security certificate, the money or security is available on the date set for payment or exchange, and the purchaser takes the security more than one year after that date; or (2) is not covered by item (1) and the purchaser takes the security more than two years after the date set for surrender or presentation or the date on which performance became due. ________________________________________________________________________
See also:
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Peacock Myers, P.C. |
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201 Third Street NW, Suite 1340
Albuquerque, New Mexico 87102 |
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Practice Areas: For Small Business, Intellectual Property
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www.peacocklaw.com/
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The Jaffe Law Firm |
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General Practice Law Firm |
320 Gold Avenue SW, #1300
Albuquerque, New Mexico 87102 |
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Practice Areas: Employment, Criminal Law, Family Law, For Small Business, Personal Injury
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www.thejaffelawfirm.com/
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Wolf & Fox, P.C. |
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Full Service Law Firm |
1200 Pennsylvania NE
Albuquerque, New Mexico 87110 |
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Practice Areas: Family Law
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www.wolfandfoxpc.com/
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