Current Status Bill Number:
3864Ratification Number: 379Act Number: 319Type of Legislation: General Bill GBIntroducing Body: HouseIntroduced Date: 19950323Primary Sponsor: QuinnAll Sponsors: QuinnDrafted Document Number: GJK\21574SD.95Date Bill Passed both Bodies: 19960429Governor's Action: SDate of Governor's Action: 19960520Subject: Bankruptcy proceedings
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19960530 Act No. A319 ------ 19960520 Signed by Governor ------ 19960514 Ratified R379 Senate 19960429 Read third time, enrolled for ratification Senate 19960425 Read second time Senate 19960424 Committee report: Favorable 11 SJ Senate 19960110 Introduced, read first time, 11 SJ referred to Committee House 19950601 Read third time, sent to Senate House 19950531 Read second time House 19950530 Recalled from Committee 25 HJ House 19950323 Introduced, read first time, 25 HJ referred to CommitteeView additional legislative information at the LPITS web site.
(A319, R379, H3864)
AN ACT TO AMEND SECTION 15-41-35, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY EXEMPT FROM BANKRUPTCY PROCEEDINGS, SO AS TO REVISE A REFERENCE TO CITED PROVISIONS OF THE FEDERAL BANKRUPTCY REFORM ACT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 15-41-35 of the 1976 Code is amended to read:
"Section 15-41-35. No individual may exempt from the property of the estate in any bankruptcy proceeding the property specified in 11 U.S.C. Section 522(d) except as may be expressly permitted by this chapter or by other provisions of law of this State."
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 20th day of May, 1996.