South Carolina Code 29-6-290. Contract provisions not to derogate rights of contractor against payment bond
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Terms Used In South Carolina Code 29-6-290
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
A provision in a contract for the improvement of real property in the State must not operate to derogate the rights of a construction contractor, subcontractor, supplier, or other proper claimant against a payment bond or other form of payment security or protection established by law.