There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 35 - Securities
Chapter 6 - UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT
Section 35-6-30 - Security allowed to be registered in beneficiary form when form authorized by certain laws; presumption of validity.
SC Code § 35-6-30 (2012) What's This?
A security may be registered in beneficiary form, if the form is authorized by this chapter, by the laws of the state of organization of the issuer or registering entity; by the laws of the state of the location of the registering entity's principal office, the office of its transfer agent, or its office making the registration; or by the laws of the state listed as the owner's address at the time of registration. A registration governed by the law of a jurisdiction in which these provisions are not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.
HISTORY: 1997 Act No. 102, Section 1, eff June 13, 1997.
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