South Carolina Statutes
§ 62-5-429 — Payment of debt and delivery of property to foreign conservator without local proceedings.
South Carolina·Title 62 SOUTH CAROLINA PROBATE CODE·Ch. ARTICLE 5 - PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
(A)A person indebted to a protected person, or having possession of property of or an instrument evidencing a debt, stock, or chose in action belonging to a protected person may pay or deliver to a conservator, guardian of the estate, or other like fiduciary appointed by a court of the state of residence of the protected person, upon being presented with proof of his appointment and an affidavit made by him or on his behalf stating that:
(1)no protective proceeding relating to the protected person is pending in this State; and (2) the foreign conservator is entitled to payment or to receive delivery.
(B)If the person to whom the affidavit is presented is not aware of a protective proceeding pending in this State, payment or delivery in response to the demand and affidavit discharges the
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South Carolina § 62-5-429 (Payment of debt and delivery of property to foreign conservator without local proceedings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1986 Act No. 539, SECTION 1. Formerly Code 1976 SECTION 62-5-431, renumbered and amended by 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.