South Carolina Statutes
§ 62-5-421 — Interest of protected person not transferable or assignable.
South Carolina·Title 62 SOUTH CAROLINA PROBATE CODE·Ch. ARTICLE 5 - PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
(A)Except as otherwise provided in subsections (B) and (C), the interest of a protected person in property vested in a conservator is not transferable or assignable by the protected person.
(B)A person without knowledge of the conservatorship who in good faith and for security or substantially equivalent value receives delivery from a protected person of tangible personal property of a type normally transferred by delivery of possession is protected.
(C)A third party who deals with the protected person in good faith with respect to property vested in a conservator is entitled to any protection provided by law.
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South Carolina § 62-5-421 (Interest of protected person not transferable or assignable.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2017 Act No. 87 (S.415), SECTION 5.A, eff January 1, 2019.
Nearby Sections
15
§ 62-1-100
Effective date.§ 62-1-101
Short title.§ 62-1-102
Purposes; rules of construction.§ 62-1-104
Severability.§ 62-1-105
Construction against implied repeal.§ 62-1-106
Effect of fraud and evasion.§ 62-1-107
Evidence as to death or status.§ 62-1-108
Acts by holder of general power.§ 62-1-111
Authority to award costs and expenses.§ 62-1-112
Inherent power of court.§ 62-1-201
General definitions.§ 62-1-301
Territorial application.