S.C. Code § 62-6-201

Current through 2024 Act No. 209.
Section 62-6-201 - Ownership during lifetime
(A) During the lifetime of all parties, an account belongs to the parties in proportion to the net contribution of each to the sums on deposit, unless there is clear and convincing evidence of a different intent.
(B) A beneficiary in an account having a POD designation has no right to sums on deposit during the lifetime of any party.
(C) An agent in an account with an agency designation has no beneficial right to sums on deposit.

S.C. Code § 62-6-201

Amended by 2013 S.C. Acts, Act No. 100 (SB 143), s 2, eff. 1/1/2014.
1976 Code Section 62-6-103; 1987 Act No. 171, Section 69; 1986 Act No. 539, Section 1.