South Carolina Statutes
§ 27-18-85 — Property payable or distributable in the course of demutualization of insurance company; abandonment.
Unclaimed property payable or distributable in the course of a demutualization of an insurance company is presumed abandoned five years after the earlier of the date:
(1)of last contact with the policyholder; or (2) the property became payable or distributable. This section does not apply to amounts due and owing to the State or a political subdivision of the State.
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South Carolina § 27-18-85 (Property payable or distributable in the course of demutualization of insurance company; abandonment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2003 Act No. 58, SECTION 1.
Nearby Sections
15
§ 27-18-10
Short title.§ 27-18-150
Credit memo.§ 27-18-160
Unpaid wages and unpresented payroll checks.§ 27-18-175
Application of chapter.§ 27-18-20
Definitions.