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5 chapters · 161 sections in this title.
S.C. Code Ann. § 35-5-10 Bank and trust company fiduciaries may register and hold securities for nominees
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Any bank or trust company incorporated under the laws of this State or any national bank located in this State may, when acting in any fiduciary capacity whether as sole fiduciary or as a co-fiduciary, register and hold, in the name of a nominee or nominees thereof, any stocks, b…
S.C. Code Ann. § 35-5-20 Registration on request of principal or unincorporated fiduciary
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Any bank or trust company incorporated under the laws of this State or any national bank located in this State may, when acting as agent, custodian or attorney in fact, upon the request of the principal, including unincorporated fiduciaries, register stocks, bonds or other securi…
S.C. Code Ann. § 35-5-30 Corporations, registrars, or transfer agents shall not be liable for registrations and transfers authorized by nominees
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No domestic or foreign corporation or the registrar or transfer agent of any corporation shall be liable for registering or causing to be registered on the books of such corporation any stock or stocks, bond or bonds or other securities in the name of any nominee of such bank, tr…
S.C. Code Ann. § 35-5-40 Prohibition of registration by instrument creating fiduciary relationship
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The provisions of this chapter shall apply to any bank, trust company or national bank located in this State acting in a fiduciary capacity whether such fiduciary capacity arose before or is created after the effective date of this chapter, unless registration as provided in this…
