For purposes of this chapter, 'loss' means any monetary loss over and beyond the amount protected by a warehouseman's bond sustained as a result of storing a commodity in a state-licensed warehouse including, but not limited to, any monetary loss over and beyond the amount protected by a warehouseman's bond sustained as a result of the warehouseman's bankruptcy, embezzlement, or fraud. HISTORY: 1998 Act No. 375, Section 1, eff May 26, 1998.
South Carolina Legal Code