Home/South Carolina/Statutes/Title 27: PROPERTY AND CONVEYANCES/Ch. 45: ABANDONED AND LOANED CULTURAL PROPERTY/§ 27-45-60
South Carolina Statutes

§ 27-45-60 — Vesting of title to property in nonprofit organization.

South Carolina·Title 27 PROPERTY AND CONVEYANCES·Ch. 45 ABANDONED AND LOANED CULTURAL PROPERTY
If no claim has been made to the abandoned cultural property within one hundred twenty days from the date of the fourth published notice in newspapers as required by SECTION 27-45-30(1) or SECTION 27-45-40(1), title to the property vests in the nonprofit organization, free from all claims of the lender and of all persons claiming through or under him, except as provided in SECTION 27-45-90(C).

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South Carolina § 27-45-60 (Vesting of title to property in nonprofit organization.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1987 Act No. 22, SECTION 1.

Nearby Sections

10
§ 27-45-10
Definitions.
§ 27-45-100
Application of chapter.
§ 27-45-20
Abandoned cultural property board.
§ 27-45-30
Notice to known lender of intent to terminate loan and claim title to loaned property.
§ 27-45-40
Notice to unknown lender of intent to terminate loan and claim title to loaned property.
§ 27-45-50
Retention of record of efforts to locate lender of property.
§ 27-45-60
Vesting of title to property in nonprofit organization.
§ 27-45-70
Certification by board of compliance with requirements of chapter.
§ 27-45-80
Right to apply conservation measures to or dispose of loaned property; liability of organization.
§ 27-45-90
Right of lender to claim loaned property subsequent to expiration of notice period.
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