S.C. Code § 62-5-421

Current through 2024 Act No. 209.
Section 62-5-421 - Interest of protected person not transferable or assignable
(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.

S.C. Code § 62-5-421

Amended by 2017 S.C. Acts, Act No. 87 (SB 415), s 5, eff. 1/1/2019.