South Carolina § 34-15-40 Papers may be executed by authorized officer.

South Carolina Statutes

§ 34-15-40 — Papers may be executed by authorized officer.

South Carolina § 34-15-40

Title 34BANKING, FINANCIAL INSTITUTIONS AND MONEY

Ch. 15BANK ACTING AS FIDUCIARY

This text of South Carolina § 34-15-40 (Papers may be executed by authorized officer.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 34-15-40 (2026).

Text

In all proceedings in the probate court or elsewhere connected with any authority exercised under the provisions of Section 34-15-10 or under any similar provisions of law all accounts, returns and other papers may be signed and sworn to in behalf of the corporation by any officer thereof duly authorized by it. The answer and examination under oath of such officer shall be received as the answer and examination of the corporation. The court may order and compel an officer of such corporation to answer and attend the examination in the same manner as if he, instead of the corporation, were a party to the proceeding.

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In all proceedings in the probate court or elsewhere connected with any authority exercised under the provisions of Section 34-15-10 or under any similar provisions of law all accounts, returns and other papers may be signed and sworn to in behalf of the corporation by any officer thereof duly authorized by it. The answer and examination under oath of such officer shall be received as the answer and examination of the corporation. The court may order and compel an officer of such corporation to answer and attend the examination in the same manner as if he, instead of the corporation, were a party to the proceeding.

Legislative History

HISTORY: 1962 Code SECTION 8-244; 1952 Code SECTION 8-244; 1942 Code SECTION 7840; 1932 Code SECTION 7866; Civ. C. '22 SECTION 3996; Civ. C. '12 SECTION 2658; 1903 (24) 70.

Nearby Sections

5

§ 34-15-10

General authority to act as fiduciary.

§ 34-15-20

Fiduciary bonds.

§ 34-15-30

Capital stock shall be held security for fiduciary obligations.

§ 34-15-40

Papers may be executed by authorized officer.

§ 34-15-50

Liability when acting as trustee of partnership interest for minors.

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Bluebook (online)

South Carolina § 34-15-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/15/34-15-40.