South Carolina Statutes
§ 62-7-810 — Recordkeeping and identification of trust property.
(a)A trustee shall keep adequate records of the administration of the trust.
(b)A trustee shall keep trust property separate from the trustee's own property.
(c)Except as otherwise provided in subsection (d), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
(d)If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
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South Carolina § 62-7-810 (Recordkeeping and identification of trust property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Janet Mewshaw v. Philip Pringle
(Court of Appeals of South Carolina, 2025)
Legislative History
HISTORY: 2005 Act No. 66, SECTION 1; 2013 Act No. 100, SECTION 2, eff January 1, 2014.
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.