South Carolina § 30-7-40 Manner of recordation of assignment or transfer of mortgage.

South Carolina Statutes

§ 30-7-40 — Manner of recordation of assignment or transfer of mortgage.

South Carolina·Title 30 PUBLIC RECORDS·Ch. 7 RECORDATION ESSENTIAL TO VALIDITY

The recordation of such an assignment or transfer as is mentioned in SECTION 30-7-30 shall, to be effective under such section, be upon the record of the recorded mortgage or other written instrument, except that it may be recorded elsewhere in the record for the recording of mortgages should there be no place upon the record of the recorded mortgage or other written instrument sufficient for the recordation of such assignment, in which event there shall be entered on the margin of the recorded mortgage or other written instrument whose assignment has been thus recorded elsewhere an appropriate reference to such recordation, giving the name of the assignee, the date of the assignment and the record and page where recorded.

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The recordation of such an assignment or transfer as is mentioned in SECTION 30-7-30 shall, to be effective under such section, be upon the record of the recorded mortgage or other written instrument, except that it may be recorded elsewhere in the record for the recording of mortgages should there be no place upon the record of the recorded mortgage or other written instrument sufficient for the recordation of such assignment, in which event there shall be entered on the margin of the recorded mortgage or other written instrument whose assignment has been thus recorded elsewhere an appropriate reference to such recordation, giving the name of the assignee, the date of the assignment and the record and page where recorded.

South Carolina § 30-7-40 (Manner of recordation of assignment or transfer of mortgage.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1962 Code SECTION 60-104; 1952 Code SECTION 60-104; 1942 Code SECTION 8881; 1932 Code SECTION 8881; 1924 (33) 928; 1926 (34) 982; 1933 (38) 525; 1972 (57) 2633.