Home/South Carolina/Statutes/Title 27: PROPERTY AND CONVEYANCES/Ch. 18: UNIFORM UNCLAIMED PROPERTY ACT/§ 27-18-160
South Carolina Statutes

§ 27-18-160 — Unpaid wages and unpresented payroll checks.

South Carolina·Title 27 PROPERTY AND CONVEYANCES·Ch. 18 UNIFORM UNCLAIMED PROPERTY ACT
Unpaid wages, including wages represented by unpresented payroll checks, owing in the ordinary course of the holder's business which remain unclaimed by the owner for more than one year after becoming payable are presumed abandoned.

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South Carolina § 27-18-160 (Unpaid wages and unpresented payroll checks.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

Nearby Sections

15
§ 27-18-10
Short title.
§ 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
Credit memo.
§ 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
Definitions.
§ 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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