Home/South Carolina/Statutes/Title 35: SECURITIES/Ch. 6: UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT/§ 35-6-50
South Carolina Statutes

§ 35-6-50 — Certain words signify registration in beneficiary form.

South Carolina·Title 35 SECURITIES·Ch. 6 UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT
Registration in beneficiary form may be shown by the words, "transfer on death" or the abbreviation "TOD", or by the words "pay on death" or the abbreviation "POD", after the name of the registered owner and before the name of a beneficiary.

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South Carolina § 35-6-50 (Certain words signify registration in beneficiary form.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1997 Act No. 102, SECTION 1, eff June 13, 1997.

Nearby Sections

10
§ 35-6-10
Short title; definitions.
§ 35-6-100
Registering entities; establishment of terms and conditions under which they will receive requests.
§ 35-6-20
Individuals eligible to obtain registration in beneficiary form; multiple owners of security.
§ 35-6-30
Security allowed to be registered in beneficiary form when form authorized by certain laws; presumption of validity.
§ 35-6-40
Designation of beneficiary to take ownership upon death of owner or owners to be included for security to be registered in beneficiary form.
§ 35-6-50
Certain words signify registration in beneficiary form.
§ 35-6-60
Ownership not affected until owner's death; cancellation or change.
§ 35-6-70
Death of sole owner or last of multiple owners; passing of ownership; reregistration; lack of surviving beneficiary.
§ 35-6-80
Registering entities; duties and protections.
§ 35-6-90
Effectiveness of transfer on death by reason of contract; effect of chapter on rights of creditors of security owners against beneficiaries and transferees.
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