Connecticut Indemnity Co. v. Burdette Chrysler Dodge Corp.

Goolsby, Judge:

This declaratory judgment action by the Connecticut Indemnity Company involves a claim made by Burdette Chrysler Dodge Corporation under a motor vehicle dealer bond in the amount of $15,000 Connecticut Indemnity issued as surety for Eagle Auto Sales. The trial court allowed Burdette to recover the full amount of the bond for the loss or damage Burdette suffered in connection with its sale or transfer of a number of motor vehicles to Eagle Auto. We affirm in part, reverse in part, and remand.

Eagle Auto posted the bond in question pursuant to S.C. Code Ann. § 56-15-320(2) (Supp.…