South Carolina § 48-27-195 Registered forester's escrow account; recordkeeping requirements.

South Carolina Statutes

§ 48-27-195 — Registered forester's escrow account; recordkeeping requirements.

South Carolina·Title 48 ENVIRONMENTAL PROTECTION AND CONSERVATION·Ch. 27 REGISTRATION OF FORESTERS

Any registered forester shall place, as soon as practically possible, any deposit money or other money received by him in a forestry transaction in a separate trust or escrow account maintained by him in a banking institution authorized to do business in the State, where the funds must be kept until the transaction has been consummated or otherwise terminated, at which time a full accounting must be made by the registered forester. Records relative to the deposit, maintenance, and withdrawal of the funds must be properly maintained and be made available to a representative of the South Carolina State Board of Registration for Foresters upon request.

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Any registered forester shall place, as soon as practically possible, any deposit money or other money received by him in a forestry transaction in a separate trust or escrow account maintained by him in a banking institution authorized to do business in the State, where the funds must be kept until the transaction has been consummated or otherwise terminated, at which time a full accounting must be made by the registered forester. Records relative to the deposit, maintenance, and withdrawal of the funds must be properly maintained and be made available to a representative of the South Carolina State Board of Registration for Foresters upon request.

South Carolina § 48-27-195 (Registered forester's escrow account; recordkeeping requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.