South Carolina Statutes
§ 27-19-320 — Purchase of land by Secretary of State prohibited; penalties.
The Secretary of State shall not, directly or indirectly, either by himself or any person whomsoever, purchase or be concerned with any person in purchasing any escheated lands, without being subject and liable to the payment of five thousand dollars, to be sued for and recovered in any court of record, one half for the benefit of the informer, who shall sue for and recover such penalty, and the other half to be applied to the use of the State. And such Secretary of State shall also be rendered incapable of holding or exercising any office of trust or emolument therein.
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South Carolina § 27-19-320 (Purchase of land by Secretary of State prohibited; penalties.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 57-220.2; 1972 (57) 2501.
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.