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Can you summarize 32 SCCL Chapter 1, Article 1?
GAMBLING AND FUTURE CONTRACTS > Gambling Contracts
Short Summary
The provided legal document content consists of provisions related to gambling contracts, mortgages or other conveyances of land given to secure wagers, and notes, bills, bonds, judgments, mortgages, or other securities or conveyances given to secure wagers. The documents specify the legal actions that can be taken by individuals who have lost money or other things in gambling activities. It allows them to sue and recover the lost amount from the respective winners, along with treble the value and costs of the suit. The documents also address the encumbrance of land as security for wagers and state that such mortgages, securities, or conveyances shall be for the sole use and benefit of the person entitled to the land. Any grants or conveyances made to prevent the intended beneficiaries from enjoying the land are deemed fraudulent and void. Additionally, the documents mention that any person liable to be sued for money or other things won through gambling activities shall be obliged to answer, upon oath, for discovering the sum of money or other things won. These provisions aim to regulate and protect the interests of individuals involved in gambling contracts and the encumbrance of land as security for wagers. No specific exemptions or penalties are mentioned in these documents.
Whom does it apply to?
Persons involved in gambling contracts, persons giving, granting, entering into, or executing mortgages or other conveyances of land given to secure wagers, persons giving, granting, entering into, or executing notes, bills, bonds, judgments, mortgages, or other securities or conveyances given to secure wagers
What does it govern?
Gambling contracts, mortgages or other conveyances of land given to secure wagers, notes, bills, bonds, judgments, mortgages, or other securities or conveyances given to secure wagers
What are exemptions?
No exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
South Carolina