There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 27 - Property and Conveyances
Chapter 18 - UNIFORM UNCLAIMED PROPERTY ACT
Section 27-18-290 - Destruction or disposal by administrator of property with insubstantial commercial value; immunity from liability.
SC Code § 27-18-290 (2012) What's This?
If the administrator determines after investigation that any property delivered under this chapter has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. No action or proceeding may be maintained against the State or any officer or against the holder for or on account of any action taken by the administrator pursuant to this section.
HISTORY: 1988 Act No. 658, Part II, Section 34A.
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