2021 South Carolina Code of Laws
Title 62 - South Carolina Probate Code
Article 6 - Nonprobate Transfers
Editor's Note
2013 Act No. 100, Section 4, provides as follows:
"SECTION 4. (A) This act [amending Articles 1, 2, 3, 4, 6, and 7] takes effect on January 1, 2014.
"(B) Except as otherwise provided in this act, on the effective date of this act:
"(1) this act applies to any estates of decedents dying thereafter and to all trusts created before, on, or after its effective date;
"(2) the act applies to all judicial proceedings concerning estates of decedents and trusts commenced on or after its effective date;
"(3) this act applies to judicial proceedings concerning estates of decedents and trusts commenced before its effective date unless the court finds that application of a particular provision of this act would substantially interfere with the effective conduct of the judicial proceedings or prejudice the rights of the parties, in which case the particular provision of this act does not apply and the superseded law applies;
"(4) subject to item (5) and subsection (C) of this section, any rule of construction or presumption provided in this act applies to governing instruments executed before the effective date of the act unless there is a clear indication of a contrary intent in the terms of the governing instrument; and
"(5) an act done and any right acquired or accrued before the effective date of the act is not affected by this act. Unless otherwise provided in this act, any right in a trust accrues in accordance with the law in effect on the date of the creation of a trust and a substantive right in the decedent's estate accrues in accordance with the law in effect on the date of the decedent's death.
"(C) If a right is acquired, extinguished, or barred upon the expiration of a prescribed period that has commenced to run under any other statute before the effective date of the act, that statute continues to apply to the right even if it has been repealed or superseded."
- Section 62-6-101. Definitions.
- Section 62-6-102. Applicability of article.
- Section 62-6-103. Accounts.
- Section 62-6-104. Short forms for single- and multiple-party accounts.
- Section 62-6-105. Designation of agent; authority of agent.
- Section 62-6-106. Applicability of Part 2.
- Section 62-6-201. Ownership during lifetime.
- Section 62-6-202. Right of survivorship.
- Section 62-6-203. Rights of parties and beneficiaries.
- Section 62-6-204. Transfers not testamentary.
- Section 62-6-205. Rights of creditors.
- Section 62-6-301. Contract of deposit for a multiple-party account.
- Section 62-6-302. Multiple-party accounts may be paid on request to one or more parties.
- Section 62-6-303. Payment of POD account.
- Section 62-6-304. Payment to agent.
- Section 62-6-305. Payment to minors.
- Section 62-6-306. Discharge.
- Section 62-6-307. Set-off.