Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 35 - SECURITIES
Chapter 6 - UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT
Section 35-6-60 - Ownership not affected until owner's death; cancellation or change

S.C. Code § 35-6-60

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Current through 2024 Act No. 225.
Section 35-6-60 - Ownership not affected until owner's death; cancellation or change

The designation of a transfer on death beneficiary on a registration in beneficiary form has no effect on ownership until the owner's death. A registration of a security in beneficiary form may be canceled or changed at any time by the sole owner or all then surviving owners, without the consent of the beneficiary.

S.C. Code § 35-6-60

1997 Act No. 102, Section 1, eff 6/13/1997.