South Carolina Statutes

§ 27-18-120 — Intangible property distributable in course of dissolution of business association.

South Carolina § 27-18-120

JurisdictionSouth Carolina

Title 27PROPERTY AND CONVEYANCES

Ch. 18UNIFORM UNCLAIMED PROPERTY ACT

This text of South Carolina § 27-18-120 (Intangible property distributable in course of dissolution of business association.) 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. § 27-18-120 (2026).

Text

Intangible property distributable in the course of a dissolution of a business association which remains unclaimed by the owner for more than one year after the date specified for final distribution is presumed abandoned.

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Legislative History

HISTORY: 1988 Act No. 658, Part II, SECTION 34A.

Nearby Sections

15

§ 27-18-10

§ 27-18-100

Business associations; refunds ordered by court or administrative agency.

§ 27-18-110

Dormancy period for stock or other equity interest in business association and certain debts; calculating whether stock or security interest is unclaimed.

§ 27-18-120

Intangible property distributable in course of dissolution of business association.

§ 27-18-130

Intangible property held in fiduciary capacity for benefit of another; funds in individual retirement account or retirement plan for self-employed individuals or similar plan or account.

§ 27-18-140

Unclaimed intangible property presumed abandoned; tax refund checks.

§ 27-18-150

§ 27-18-160

Unpaid wages and unpresented payroll checks.

§ 27-18-170

Contents of safe deposit boxes or other safekeeping repositories.

§ 27-18-175

Application of chapter.

§ 27-18-180

Report of unclaimed property; notice to apparent owner.

§ 27-18-190

Administrator's notice of abandoned property; publication; contents; exceptions.

§ 27-18-20

§ 27-18-200

Payment or delivery of abandoned property to administrator; exceptions; holder of stocks or similar intangible ownership interests relieved of liability upon delivery.

§ 27-18-210

Liability of holder after payment or delivery to administrator; payments to owners of property turned over to administrator; recovery of property turned over to administrator; administrator to defend holder against claims for property paid or delivered to administrator; "good faith" defined; payment of costs of safe deposit box or other safekeeping repository.

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Bluebook (online)

South Carolina § 27-18-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/18/27-18-120.