2018 South Carolina Code of Laws
Title 62 - South Carolina Probate Code
ARTICLE 5 - PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
Section 62-5-419. Sale or encumbrance involving conflict of interest.
Section effective January 1, 2019. See, also, Section 62-5-422 effective until January 1, 2019.
Pursuant to the procedures set forth in Section 62-5-428(B), the conservator shall obtain the court's prior approval of any transaction that is affected by a conflict of interest, including, but not limited to, a sale or encumbrance of assets of the protected person to or in favor of a conservator; an immediate family member of a conservator; an agent or attorney of conservator; or any corporation, trust, or other entity in which the conservator has a substantial beneficial interest.
HISTORY: 1986 Act No. 539, Section 1. Formerly Code 1976 Section 62-5-422, renumbered and amended by 2017 Act No. 87 (S.415), Section 5.A, eff January 1, 2019.
Prior Laws: Former Section 62-5-419 was titled Accounts, and had the following history: 1986 Act No. 539, Section 1; 2010 Act No. 244, Section 37, eff June 7, 2010. See now, Code 1976 Section 62-5-416.