There is a newer version of the South Carolina Code of Laws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 27-18-85 - Property payable or distributable in the course of demutualization of insurance company; abandonment.
SC Code § 27-18-85 (2012) What's This?
Unclaimed property payable or distributable in the course of a demutualization of an insurance company is presumed abandoned five years after the earlier of the date:
(1) of last contact with the policyholder; or
(2) the property became payable or distributable.
This section does not apply to amounts due and owing to the State or a political subdivision of the State.
HISTORY: 2003 Act No. 58, Section 1.
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