The proceeds arising from the sales of the property assigned shall be deposited for safekeeping in a national bank within the State or some banking institution incorporated by the State, in the joint names of the assignee or assignees and agent or agents and subject to their joint drafts.
Deposit of proceeds of sales
S.C. Code Ann. § 27-25-120, under Title 27, Chapter 25.
S.C. Code Ann. § 27-25-120