EDWARDS v. TEACHERS FED. CREDIT UNION OF S.C.

21401

276 S.C. 89 (1981)

275 S.E.2d 879

Magnolia B. EDWARDS, Respondent, v. COLUMBIA, S.C. TEACHERS FEDERAL CREDIT UNION and Rosemary E. Smith, as Administratrix of the Estate of Homer M. Smith, Defendants, of whom Rosemary E. Smith, as Administratrix of the Estate of Homer M. Smith is Appellant.

Supreme Court of South Carolina.

March 4, 1981.


Attorney(s) appearing for the Case

James D. Cooper, Jr., of Ratchford, Cooper & Jonas, Columbia, for appellant.

Gerald D. Jowers, Columbia, for respondent.


March 4, 1981.

LEWIS, Chief Justice:

This appeal concerns the ability of an insured, who is secondarily liable for a debt, to acquire subornation where credit life insurance satisfies the underlying obligation because of the insured's death. The lower court denied subrogation.

We reverse.

Mr. Smith was a member of the South Carolina Teacher's Federal Credit Union. In June, 1974, he and his wife acquired...

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