South Carolina Statutes
§ 32-7-40 — Deposit of trust funds.
South Carolina § 32-7-40
This text of South Carolina § 32-7-40 (Deposit of trust funds.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 32-7-40 (2026).
Text
All trust funds described in this chapter must be deposited in the name of the trustee, as trustee, within thirty days after receipt.
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Legislative History
HISTORY: 1962 Code SECTION 11-174; 1973 (58) 339; 1989 Act No. 89, SECTION 1; 2009 Act No. 70, SECTION 1, eff July 1, 2009. Effect of Amendment The 2009 amendment substituted "described" for "mentioned".
Nearby Sections
15
§ 32-7-10
Definitions.§ 32-7-120
Application of chapter.§ 32-7-25
Irrevocable contracts.§ 32-7-30
Refunds upon written demand.§ 32-7-40
Deposit of trust funds.§ 32-7-90
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Bluebook (online)
South Carolina § 32-7-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/7/32-7-40.