There is a newer version of the South Carolina Code of Laws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 35-6-60 - Ownership not affected until owner's death; cancellation or change.
SC Code § 35-6-60 (2012) What's This?
The designation of a transfer on death beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.
HISTORY: 1997 Act No. 102, Section 1, eff June 13, 1997.
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