South Carolina § 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.

South Carolina Statutes

§ 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.

South Carolina·Title 35 SECURITIES·Ch. 6 UNIFORM TRANSFER ON DEATH SECURITY REGISTRATION ACT

(A)A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this chapter and is not testamentary.

(B)This chapter does not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this State.

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South Carolina § 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.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.