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Section 32-1-50. Mortgages or other conveyances of land given to secure wagers.

SC Code § 32-1-50 (2019) (N/A)
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When such mortgages, securities or other conveyances shall be of lands, tenements or hereditaments or shall be such as to encumber or affect the same, such mortgages, securities or other conveyances shall enure and be to and for the sole use and benefit of, and shall devolve upon, such person or persons as shall have been or may be entitled to such lands, tenements or hereditaments in case the grantor thereof or the person or persons so encumbering the same had been dead and as if such mortgages, securities or other conveyances had been made to such person or persons by the person so encumbering the same. And all grants and conveyances to be made for the preventing of such lands, tenements or hereditaments from coming to, or devolving upon, such person or persons hereby intended to enjoy them as aforesaid shall be deemed fraudulent and void and of none effect, to all intents and purposes whatsoever.

HISTORY: 1962 Code Section 11-55; 1952 Code Section 11-55; 1942 Code Section 6312; 1932 Code Section 6312; Civ. C. '22 Section 5164; Civ. C. '12 Section 3420; Civ. C. '02 Section 2309; G. S. 1724; R. S. 1858; 1791 (5) 178.

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Section 32-1-50. Mortgages or other conveyances of land given to secure wagers.