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1995 South Carolina Attorney General Reports and Opinions 1 (1995)

handle is hein.sag/sagsc0079 and id is 1 raw text is: I h tate of 1' out4 arotina 9. (Irauis Atblock 863-734-3970 Attornetg %neraI Attiurneie (enjert Toumbia 29211 January 5, 1995 IThe Honorable Thomas C. Alexander Senator, District No. 1 S 606 Gressette Building Columbia, South Carolina 29202 Dear Senator Alexander: You have asked our opinion concerning the interpretation of Section 29-15-70 Code of Laws of South Carolina (1976 as amended) regarding attachment of a textile processor's lien to property, other than textiles, in the possession of a textile processor, i and the priority of such a lien. I emphasize at the outset that, in the exercise of the quasi-judicial opinion writing function, the Office of Attorney General does not investigate or resolve disputed factual issues. This Office must assume the accuracy of the facts presented to us. See, Op. Atty. ~ Gen., December 9, 1983. FACTS AS PRESENTED The facts that are presented and which we assume are these: a textile processor (the Processor) has in its possession certain screens and patterns that are property of its account debtor (the Debtor). Patterns are pieces of paper that contain color drawings of the pattern that is to be imprinted on the fabric. The pattern is transferred on to a series of screens, which are steel plates with microscopic perforations where the dye should be imprinted on the fabric. The patterns were supplied by the Debtor, and the screens were made by the Processor. The Debtor is indebted to the Processor for the Processor's printing of fabric for the Debtor. The Processor holds at its facility in South Carolina the screens and patterns and some fabric. The Debtor has granted a bank (the Bank) a prepetition security interest in all the Debtor's property, including the patterns, screens, and fabric in the Processor's possession, and this security interest was properly

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