2022 South Carolina Code of Laws
Title 35 - Securities
Chapter 5 - Nominee Registration Of Securities Held By Corporate Fiduciaries
Section 35-5-30. Corporations, registrars, or transfer agents shall not be liable for registrations and transfers authorized by nominees.

Universal Citation: SC Code § 35-5-30 (2022)

No domestic or foreign corporation or the registrar or transfer agent of any corporation shall be liable for registering or causing to be registered on the books of such corporation any stock or stocks, bond or bonds or other securities in the name of any nominee of such bank, trust company or national bank or for transferring or causing to be transferred on the books of any such corporation any stock or stocks, bond or bonds or other securities theretofore registered by such corporation in the name of any nominee or nominees of such bank, trust company or national bank as provided in this chapter when the transfer is made upon the authorization of such nominee.

HISTORY: 1962 Code Section 62-433; 1959 (51) 376.

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.