2018 South Carolina Code of Laws
Title 62 - South Carolina Probate Code
ARTICLE 5 - PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
Section 62-5-421. Interest of protected person not transferable or assignable.

Universal Citation: SC Code § 62-5-421 (2018)

Section effective January 1, 2019.

(A) Except as otherwise provided in subsections (B) and (C), the interest of a protected person in property vested in a conservator is not transferable or assignable by the protected person.

(B) A person without knowledge of the conservatorship who in good faith and for security or substantially equivalent value receives delivery from a protected person of tangible personal property of a type normally transferred by delivery of possession is protected.

(C) A third party who deals with the protected person in good faith with respect to property vested in a conservator is entitled to any protection provided by law.

HISTORY: 2017 Act No. 87 (S.415), Section 5.A, eff January 1, 2019.

Editor's Note

Prior Laws: Former Section 62-5-421 was titled Recording of conservator's letters, and had the following history: 1986 Act No. 539, Section 1. See now, Code 1976 Section 62-5-418.

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