North River Insurance Co. v. Claar

Gardner, Judge:

North River Insurance Company (the Company) issued a motor vehicle and wholesale surety bond to Mike Murray Auto Brokers, Inc., (Murray) pursuant to the requirements of Section 56-15-320, Code of Laws of South Carolina (1976, as amended). The Company brought this declaratory judgment action against a number of defendants to determine the amount of its liability under the bond. The appealed order granted summary judgment to the Company. Only one defendant, Paul Ritoch, appeals. We affirm.

ISSUE

The issue presented by this appeal is whether the language of the surety bond means…