South Carolina Statutes
§ 27-19-100 — Land may be bid in or purchased by Department of Administration; disposition of such lands.
At any sale of escheated property, if, in his judgment, the property is being sold at a sacrifice, the Secretary of State may buy the land for the Department of Administration or cause it to be so bid in and, upon payment of the costs accrued thereon, may cause the title deed to be made therefor as escheated property to the Department of Administration which shall rent or sell the property in such manner, at such time and upon such terms as, in its judgment, shall be for the best interests of the State and apply the proceeds thereof as directed in SECTION 27-19-340.
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South Carolina § 27-19-100 (Land may be bid in or purchased by Department of Administration; disposition of such lands.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 57-200.10; 1972 (57) 2501. Code Commissioner's Note At the direction of the Code Commissioner, references in this section to the offices of the former State Budget and Control Board, Office of the Governor, or other agencies, were changed to reflect the transfer of them to the Department of Administration or other entities, pursuant to the directive of the South Carolina Restructuring Act, 2014 Act No. 121, SECTION 5(D)(1), effective July 1, 2015.
Nearby Sections
15
§ 27-19-10
Notification of supposedly escheated lands by Secretary of State to judge of circuit court.§ 27-19-100
Land may be bid in or purchased by Department of Administration; disposition of such lands.§ 27-19-120
Estates of felons shall not escheat.§ 27-19-310
Duties of escheator devolved upon Secretary of State as agent of Department of Administration.§ 27-19-330
Assessment of costs and charges.§ 27-19-340
Disposition of proceeds of escheats.