™Your Policy Risk Impact Agent
27 chapters · 549 sections in this title.
S.C. Code Ann. § 34-15-10 General authority to act as fiduciary
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Subject to the provisions of Section 62-3-203, a banking corporation or trust company with at least two hundred fifty thousand dollars total unimpaired capital may be appointed executor of a will, codicil, or writing testamentary, administrator with the will annexed, administrato…
S.C. Code Ann. § 34-15-20 Fiduciary bonds
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Every such banking corporation appointed administrator, receiver, assignee, guardian or trustee, when fiduciary bonds are required of individual persons under like circumstances, shall be required to execute and file approved fiduciary bonds similar in every respect to the bonds …
S.C. Code Ann. § 34-15-30 Capital stock shall be held security for fiduciary obligations
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The capital stock of such corporation shall be held as security for the faithful performance of the duties undertaken by virtue of Section 34-15-10 or of any similar provision of law.
S.C. Code Ann. § 34-15-40 Papers may be executed by authorized officer
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In all proceedings in the probate court or elsewhere connected with any authority exercised under the provisions of Section 34-15-10 or under any similar provisions of law all accounts, returns and other papers may be signed and sworn to in behalf of the corporation by any office…
