There is a newer version
of
this Section
2018 South Carolina Code of Laws
Title 62 - South Carolina Probate Code
ARTICLE 6 - NONPROBATE TRANSFERS
Section 62-6-103. Accounts.
Universal Citation: SC Code § 62-6-103 (2018)
(a) An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to Section 62-6-202(c), either a single-party account or a multiple-party account may have a POD designation, an agency designation, or both.
(b) An account established after January 1, 2014, whether in the form prescribed in Section 62-6-104 or in any other form, is either a single-party account or a multiple-party account, with or without right of survivorship, and with or without a POD designation or an agency designation, within the meaning of this subpart, and is governed by this article.
HISTORY: 2013 Act No. 100, Section 2, eff January 1, 2014.
Disclaimer: These codes may not be the most recent version. South Carolina may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
