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Can you summarize 36 SCCL Chapter 3?
Commercial Code > COMMERCIAL CODE - NEGOTIABLE INSTRUMENTS
Short Summary
The provided legal document content pertains to the Commercial Code - Negotiable Instruments in the South Carolina Code of Laws. It covers various aspects related to negotiable instruments, such as drafts in a set, the effect of an instrument on the obligation for which it is given, notice to third parties, lost, destroyed, or stolen instruments, and instruments not payable to order or to bearer. The document does not specify any exemptions or penalties for non-compliance or violation of its provisions.
Whom does it apply to?
The Commercial Code - Negotiable Instruments applies to individuals or entities involved in commercial transactions related to negotiable instruments in South Carolina.
What does it govern?
The Commercial Code - Negotiable Instruments governs various aspects related to negotiable instruments, such as drafts in a set, the effect of an instrument on the obligation for which it is given, notice to third parties, lost, destroyed, or stolen instruments, and instruments not payable to order or to bearer.
What are exemptions?
No specific exemptions are mentioned in the provided legal document content.
What are the Penalties?
No specific penalties for non-compliance or violation of the provisions are mentioned in the provided legal document content.
Jurisdiction
South Carolina