South Carolina Statutes
§ 33-27-20 — Transfer of title to stock or rights.
South Carolina § 33-27-20
JurisdictionSouth Carolina
Title 33CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS
Ch. 27TRANSFER OF STOCK IN CUSTODY OF CLEARING CORPORATIONS
This text of South Carolina § 33-27-20 (Transfer of title to stock or rights.) 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. § 33-27-20 (2026).
Text
Notwithstanding any other provision of law, if a certificate or instrument evidencing shares of stock, or rights to purchase or subscribe to shares of stock, is in the custody of a clearing corporation or of a custodian subject to the instructions of a clearing corporation, title to any such certificate or instrument or to any interest therein and to the shares or rights evidenced by such certificate, instrument or interest may be transferred by making entries on the books of the clearing corporation reducing the account of the transferor by the number of shares or rights transferred and increasing the account of the transferee by such number of shares or rights. A transfer of title so made shall have the same effect as if the transferor had delivered to the transferee a certificate or ins
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Legislative History
HISTORY: 1962 Code SECTION 12-17.32; 1965 (54) 550.
Nearby Sections
4
§ 33-27-10
Definitions.§ 33-27-20
Transfer of title to stock or rights.§ 33-27-30
Pledge of stock or rights.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 33-27-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/27/33-27-20.